Saturday, March 9, 2024

Water Finance and Management Volume 9:1 2024 Washington Report, 2024 National Regulatory Outlook for Water PFAS & Lead and Copper Rule pp. 16 - 17

 Two major regulations that water utilities face, PFAS and Lead and Copper Rule Improvements (LCRI), impose a financial burden on all United States water utilities. Found in our drinking water, PFAS, per- or polyfluoroalkyl substances, are chemical compounds that contain fluorine, carbon, and hydrogen, elements that breakdown very slowly. Fire retardant foam and other products have these compounds that seep into the public drinking water. The federal government has proposed a deadline for compliance of three years, December of 2027 and ten years for LCRI. The EPA estimates the cost to conform to the regulations at $2.87 and $4.8 billion a year. 

The end of the public comment period for LCRI occurred on February 5 of this year. For PFAS, the government has a deadline of September 2024 for the Office of Management and Budget to finalize and publish in the Federal Register. Water utilities voice concern about the timeline for compliance and the cost, two major projects with insufficient time and funding. 


https://waterfm.com/inflationary-pressures-ease-for-u-s-water-utilities-regulatory-policy-looms-large-in-2024/

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