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The Financial Impact of the COVID-19 Crisis on U.S. Drinking Water Utilities

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Published: 
Friday, June 25, 2021
This report from April 2020 outlines the financial impacts of Covid-19 on water utilities in the United States. The pandemic was predicted to cost water companies nearly $14 billion during the early stages of lockdowns due to low customer growth, decreases in non-residential water needs and moratoriums on water shut offs for non-payment. To offset lower revenues and higher expenses many water providers were forced to delay or cancel $5 billion worth capital expansion, leading to a $32 billion net negative impact on communities and a loss of 75,000 to 90,000 jobs. Overall, the pandemic will cost utilities $27 billion and usher in an era of uncertain for water providers.
Theme(s) & Sub-theme(s): 
Governance, Utilities, Infrastructure Financing
Nexus Tag(s): 
Economy
Resource type: 
Topical Report
Region & Countries: 
United States
Resource Scale: 
National

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