Another sign of peak water on the horizon? Time to double up efforts to conserve and more wisely use this precious resource.
http://www.resilientcommunities.com/water-rates-are-up-18-are-you-getting-ready-for-expensive-water/
This is a companion discussion topic for the original entry at https://peakprosperity.com/water-rates-are-up-18/
Most water utilities set rates to cover their operating expenses and debt service, but they have not been setting aside enough to offset the depreciation of their infrastructure (treatment plants, pipes, wells, etc.). As these systems reach end of life, replacement costs will have to be funded with new debt and increased water rates. There is a growing awareness of this issue, and many water systems are implementing Asset Management programs to address infrastructure needs