Industrial & Institutional
Water Rates Set to Continue Rising
Water rates are projected to continue rising in excess of inflation given increased environmental regulation, climate volatility, growing scarcity of new sustainable supplies, and massive funding requirements to maintain aging infrastructure. Large industrial and institutional users will increasingly bear the brunt of the economic impact.
EGGI has worked with many Fortune 500 industrial companies, universities, hospitals and large federal agencies to investigate and develop new groundwater resources for sustainable self-supply. There are many compelling benefits to our approach.
Reduce Water Costs
Development of on-site groundwater resources is an excellent means to reduce industrial and institutional operating costs, and is the most effective tool available to mitigate long-term water rate increases.
Increase Control Over Your Water Supply Future
Organizations that remain fully reliant on utility providers have no control over the availability of their water supply, and will continue to experience uncertainty regarding the size and timing of future rate increases.
Enhance Water Security & Insure Against Disruption
Much of the public water supply infrastructure has aged well beyond its useful life, resulting in increased frequency of utility failures. Entire regions have recently been left without public water supply for days and even weeks on end. The development of on-site groundwater resources mitigates the impact utility infrastructure failures have on industrial and institutional operations, and often offers an attractive layer of security against drought and third-party contamination.
Proactively Manage Growing External Scrutiny
Shareholders and bond investors are beginning to require stepped up evaluations of companies’ water supply costs and risks, and further disclosure on their potential impacts to operations. Companies that address these concerns proactively position themselves for more reliable operations, improved investor relations, and an overall competitive advantage.
Talk to EGGI
Interested in learning more about how EGGI can help meet your long-term water supply needs?