A new and challenging economy for utilities
As we continue to slowly move out of a historic recession, our utility clients, like many of their own customers, have been challenged by a sluggish recovery. Whereas other economic recoveries in the nation’s history resulted in improved wages for individuals, this one has only recently shown any signs of doing so. As a result, local governments, and the communities they serve, continue to face economic challenges constrained by slow wage growth and increasing costs of living in areas like healthcare and housing.
The results: customers have less money and are more resistant to fee increases for public services. At the same time, per capita water demand continues to fall nationwide, and yet utility infrastructure faces a critical need for reinvestment—in the billions of dollars. With a perspective that can only come from partnering with leading utilities providers in multiple locations around the nation and around the world, our financial experts find the root causes of concern and give you the options you need to not only face these challenges, but to do so successfully.
Our services include
- Utility financial planning
- General fund solutions
- Cost-of-service analysis
- Utility rates and fees
- Affordability analysis
- Data products
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