Water Infrastructure Protection Act
What SupportWIPAnow.com Doesn’t Mention
Why this Page?
The Water Infrastructure Protection Act (WIPA) could have far-reaching and potentially negative effects on the cost of water and wastewater services in New Jersey and on who controls it. The website supporterwipanow.com leaves out crucial information about this bill. To find out what’s been left out, read on.
What is WIPA?
A3628 would make changes to the laws governing how water and wastewater systems are sold and how customer rates are set. Under certain conditions which in the bill are called “emergent,” a municipality wishing to sell its water or wastewater system would be allowed to bypass public referendum as required under current law. The sale would undergo an accelerated period of regulatory review. The water company purchasing the bill would be allowed to recover the entire purchase price of the system in the rates it charges customers. (Currently the NJ Board of Public Utilities has discretion about how much of a purchase price can be recovered.)