U2.02 Quesnel 2014 ReNUWIt Annual Meeting Poster

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Abstract/Contents

Abstract
Water is becoming an increasingly scarce resource in California, and additional funding mechanisms are critical for the future to support water conservation and efficiency projects, research and development, monitoring and evaluation, and infrastructure maintenance and modernization. In recent decades, California has relied heavily on General Obligation (GO) Bonds to fund and finance a variety of water-related projects. GO bonds, however, are unreliable funding mechanisms as they require voter approval if they survive the legislative process. They are also costly in the long run to both the state and taxpayers as they are repaid with interest. This research looks at an alternative funding mechanism for water projects, a Public Goods Charge (PGC), as a way for California to provide for water investment in the future. In a PGC scheme, ratepayers are charged a per usage fee and the funds are subsequently allocated to projects around the state. This method was used to fund electricity public purpose programs in California from 1998-2011. Financial data from water projects funded by GO Bonds and from electricity projects funded by the PGC will be spatially analyzed to compare the costs and benefits of each as a way to assess the overall impact on California’s residents and to determine if a PGC would be an appropriate method of funding water projects in the future.

Description

Type of resource other
Date created May 2014

Creators/Contributors

Author Quesnel, Kim
Author Ajami, Newsha

Subjects

Subject Re-inventing the Nation’s Urban Water Infrastructure
Subject ReNUWIt
Subject U2.02
Subject Urban Systems Integration and Institutions
Subject Visioning
Subject assessment
Subject and implementation tools for regional and municipal water planning
Subject California
Subject conservation
Subject distributed systems
Subject energy efficiency
Subject governance
Subject impact
Subject innovation
Subject management
Subject policy
Subject residential water
Subject urban water
Subject water policy

Bibliographic information

Related Publication Quesnel, K. J., Ajami, N. K., & Wyss, N. (2017). Accelerating the Integration of Distributed Water Solutions: A Conceptual Financing Model from the Electricity Sector. Environmental Management, 60(5), 867-881. http://doi.org/10.1007/s00267-017-0914-4
Related Publication Quesnel, K. J., & Ajami, N. K. (2018). Advancing Water Innovation Through Public Benefit Funds: Examining California's Approach for Electricity. Journal American Water Works Association, 110(2), E18-E32. http://doi.org/10.5942/jawwa.2018.110.0009
Location https://purl.stanford.edu/gz470zr9389

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Preferred citation

Preferred Citation
Quesnel, K. J., & Ajami, N. K. (2014). U2.02 Quesnel 2014 ReNUWIt Annual Meeting Poster. Stanford Digital Repository. Available at: https://purl.stanford.edu/gz470zr9389

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Re-inventing the Nation's Urban Water Infrastructure (ReNUWIt)

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