Pennsylvania’s state leadership got it right. When Governor Corbett announced the availability of $41.7 million in loans for water infrastructure earlier this year, he was quoted as follows: “The investments that we make today in our environment and economy will improve the quality of life for Pennsylvanians in all corners of the Commonwealth.”
In addition to the State’s leadership, Pennsylvania has several water companies that are also able to finance water investments. United Water will do our part, in partnership with the state and communities where we do business, to invest nearly $46 million over the next 5 years in the areas we serve – for reliability purposes.
Our customers in several communities including Bloomsburg, Mechanicsburg, Dallas, Hummelstown and the suburbs of Harrisburg will benefit from these reliability investments. Our improvement initiatives are especially timely as changing weather patterns make infrastructure ever more vulnerable to the whims of nature.
It should come as no surprise that states which prioritize public investments and seek public-private solutions are able to attract more money than those that don’t. Pennsylvania has not been complacent with the state of its infrastructure for quite some time. A line of Pennsylvania Governors have lead on this issue.
In fact, since 1996 Pennsylvania has utilized an infrastructure replacement financing program, a rate mechanism, that has effectively directed private companies like United Water to proactively make major investments to the oldest underground water pipes that are most vulnerable and most likely to cause water main breaks, degradation in water quality and service disruptions. Several states – most recently New Jersey – followed Pennsylvania by enacting a similar program for water distribution system reliability.
After all, much of our nation’s infrastructure was laid in the late 1800’s. And states and towns across the nation are facing staggering needs. According to the U.S. EPA, $354 billion is needed nationwide to revitalize our essential water infrastructure. And Pennsylvania, built by our nation’s founders, is no exception.