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A paper recently released by Ceres, “Assessing Water System Revenue Risk: Consideration for Market Analysis,” discusses an issue many water systems across the nation are facing: a decrease in water demand by customers. A joint effort with the Environmental Finance Center at the University of North Carolina, the paper outlines data compiled over the last two years from utilities in Colorado, Texas and North Carolina that are experiencing changing water use patterns. The paper cites the Orange Water and Sewer Authority (OWASA) in North Carolina, which we profiled in the March 2012 issue of Water System Operator. “The utility sold as much water
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