One thing we can all agree on is the fact that the U.S. is
currently facing an infrastructure crisis. According to
federal estimates, the nation will need about $600 billion
over the next 20 years for water infrastructure alone. But
with a decline in federal spending on water utilities—and a
desperate need for repairs on water infrastructure—officials
have had to turn to private investors.
These partnerships often provide residents with better
service, modernized technology to detect leaks and safe
conditions for workers. So why are some cities trying to back
out of their water deal? These deals often come with a hefty
price tag for residents. The rate increases are so large that
many are falling behind on payments and risk foreclosure.
Despite this, many officials still believe that public-private
Pros and Cons of Public-Private Partnerships in Water Infrastructure
partnerships are the right call. Using studies in Canada
and Europe, advocates note that private businesses (though
costly) operate more efficiently than governments do, which
ultimately leads to cost-savings for citizens down the line.
“Keeping rates down may sound like the ultimate righteous
good for ratepayers, but the truth is, not if you’re failing to
provide basic care and maintenance,” said Megan Matson, a
partner at a private equity firm.
Kenneth L. Davis, SR/WA
(412) 299-1199 Of;ce
(724) 513-6383 Mobile
Stephen K. Patton
(713) 458-5110 Of;ce
(832) 794-0501 Mobile
J. Warren Doyle
(504) 620-5051 Of;ce
(281) 755-6259 Mobile
J. Warren Doyle, Jr.
(504) 620-5058 Of;ce
(281) 755-6251 Mobile
Houston | NewOrleans | Pittsburgh
In support of America’s Energy Industry