Typical Questions Whitebirch Answers:

  • What is the impact to customer bills from the existing and future environmental mandates of the utility?
  • How much debt does the utility need to issue to address mandates? What is the impact of changing interest rates and debt amortization?
  • What is the impact from the continuing trend of less consumption of water per household? Would moving from mostly volumetric charges to fixed charges limit the volatility?
  • How can federal and state funding through State Revolving Fund programs and federal initiatives like WIFIA be leveraged to maximum benefit?
  • What strategies are available to keep customer rates affordable, and address low-income customers who are most affected by the rising costs due to environmental compliance?
  • What is the prospective impact of entering into an EPA consent decree on the affordability of customer bills? What does it mean for the bond rating of the utility and its access to the credit markets?
  • Which capital structure is optimal for a given operating projection and/or capital plan? How much of the capital improvement program should be debt funded to equitably allocate costs over time without increasing the debt to a point it limits future flexibility to fund future needs?

Common Uses:

  • Rate structure
  • Water supply costs for existing and new supplies
  • Treatment capacity
  • Wholesale sales
  • Energy costs
  • Chemical costs
  • SRF Funding
  • Federal grant funding
  • Employee compensation (salaries and benefits)
  • Pension and OPEB funding
  • Outstanding debt
  • Capital Improvement program
  • Debt/Equity options
  • Financing alternatives
  • Debt restructuring

Whitebirch Solves for Utilities

Many water and wastewater utilities face the significant task of implementing a large capital program, driven by environmental mandates, at a time of significant change in the industry. Lower water consumption, conservation efforts, impacts of drought and expensive new water supplies, increasing federal water quality regulations and financial market volatility, create a clear need to analyze the financial strength of the enterprise and the ability to successfully manage long-term funding and rate affordability.

The object-oriented design of the Whitebirch platform ensures complete transparency into model calculations, formulas, and logic. Users can drill down to the detailed explanations of any number or resultant in their model. No more tracing precedents from cell to cell and sheet to sheet.

PFM Solutions President, Brett Matteo, discusses PFM’s experience in the Utilities sector:
public utilities domain expertise in financial modeling
Solutions Specialist Rob McInerney discusses Whitebirch features for Water and Wastewater Utilities:
financial modeling features for public utilities