Supporting SRF Programs through Applied Research and Program Evaluation Tools CIFA Election Day 2018 Albuquerque, NM Jeff Hughes Environmental Finance Center School of Government University of North Carolina (919) 843-4956 jhughes@sog.unc.edu www.efc.unc.edu www.efc.unc.edu
Supporting the fair, effective, and financially sustainable delivery of environmental programs through: • Applied Research – Fees and finance – Regulatory and governance approaches • Teaching and Outreach – Small to Very Large Systems… • Program Design/Evaluation – Dashboard How you pay for it matters – Implementation advising – Capital planning tools 2
Two-Prong Approach • Tools that help utilities be better service providers and more financially sustainable (better borrowers) • Research to assist funding programs develop/promote programs (better lenders) – Needs assessments – Debt affordability and market studies – Data driven affordability criteria – Showing financial benefits of subsidized loans 3
https://efc.sog.unc.edu/utili ty-financial-sustainability- and-rates-dashboards
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Multipurpose • Comprehensive state financial assessment and capacity systems • Statewide trends and capacities • Encourage sustainable rate setting • Encourage rate setting that considers affordability, conservation etc. • Increased transparency • Reduces race to the bottom rate comparisons 7
SRF Program Research Assistance 10
SRF Program Economic Tools 11
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