Economic trends examined in Stantec Water’s new financial benchmarking report
December 07, 2022
December 07, 2022
By Andrew Burnham, William Zieburtz, Amy Broughton, Emily Lambert, Deborah Kloeckner
Utilities are facing significant challenges that raise questions about the how they will continue to manage infrastructure investment in light of rising cost pressures. How are they responding to rising capital costs? How will the current trend of rising interest rates affect future borrowing? How are utility managers balancing their physical and financial responsibilities to provide affordable, clean, and reliable service?
To help answer these questions and better plan for future system and regulatory needs, Stantec’s Management & Technology Consulting sector has announced the availability of its 2022 Financial Trends in Water Report. Pulling facts and figures from its UtilitiWise database—information sourced from 10 years of audited financial results from 500+ public utilities—this report focuses on painting a more complete picture of the trends affecting utilities and helps managers develop a forward-looking approach to financial sustainability and stewardship.