Rivard Report Guest Article: Satisfying Texans’ Thirst for Water

10/09/2013


The population of Texas is projected to almost double by 2060. Unfortunately, the future water supply to meet our needs is expected to grow a tiny fraction – by only about one-fifth of its current availability. That spells trouble. Clearly the cost of water in our state will be going up significantly.

In the face of this daunting challenge, Texas water suppliers are being asked to plan and budget for their future water needs. As they consider their options, the marketplace provides little guidance with current prices ranging from $25 to $6,000 per acre foot, or more for raw water in the ground.

Excerpted from the Rivard Report, October 9, 2013. To view full article, click here.

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