News release: Water Affordability Framework
Across California, water utility managers, elected officials, and state regulators are working to address a critical challenge: funding essential water infrastructure investments that deliver public health through the provision of reliable water service, while minimizing customer rate impacts. To tackle this issue, the California Water Association (CWA) has developed the Water Affordability Framework to guide efforts in maintaining affordability and sustainability for the six million Californians our member utilities serve. … Over the next 5 years, CWA members plan to invest up to $5 billion in new water infrastructure projects, including pipeline replacements and meter upgrades. Our members remain committed to minimizing costs and exploring strategies to keep water service affordable, while navigating the financial implications of future regulations.