Expect 4″ of rain in NYC at least one day a year

The National Climate Assessment came out last week, and used one striking number to distinguish climate changes in the Northeast and elsewhere in the U.S.: “between 1958 and 2010, the Northeast saw more than a 70% increase in the amount of precipitation falling in very heavy events (defined as the heaviest 1% of all daily . . . → Read More: Expect 4″ of rain in NYC at least one day a year

How accurate are NYC’s predictions of water rates?

A friend of mine was recently trying to predict water costs for his new business, and wanted to know: What can we expect for New York City water rates? And how well can we predict this?

We start with a well-publicized figure: the city increased rates this year by 5.6%. From there we move to . . . → Read More: How accurate are NYC’s predictions of water rates?

Revenue Risks for Water Systems

Comparative Data on Texas Utilities

I recently saw Ceres’s new report, assessing revenue risks for water systems. It begins with a striking anecdote:

When Fort Worth raised water prices, its customers bought less water, and the city’s failure to address that loss of revenue led to a downgrade of the utility’s bonds in April.

. . . → Read More: Revenue Risks for Water Systems