Article
Looking For A Change? We Can Light The Way
April 8, 2010
Article: Looking For A Change? We Can Light The Way
By Neptune Technology Group Inc.
In February, President Barack Obama signed a $787B economic stimulus package, the American Recovery and Reinvestment Act, into law. Tucked into the massive bill is approximately $7B in funds for water infrastructure projects. These funds are being distributed state-by-state, and are intended for projects that can be under contract – or, ideally, under construction – within 12 months. Drinking water infrastructure, sewer system improvements, and special funding for rural systems will all be considered for a share of the funds.
Of course, not every utility is going to get a slice of the stimulus pie. But that doesn't necessarily mean that improvement projects should be put on hold. For many, these unprecedented economic times could serve as a wake-up call, prompting movement toward operations that are more efficient, more costeffective, and, that ultimately, will raise service levels. Even without additional funding, there is a good business case for moving forward with improvement and expansion. When it's done right, such a project has the potential to pay huge dividends – the first dividend being that it could pay for itself.
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