Savings Action Plan

Savings Action Plan

The passage of the Savings Act is a Historic Landmark for the Water Well Industry! Now we are building on that momentum through “SAVINGS ACTION”!

History

Originally introduced in the 113th Congress on September 18, 2014, the Water Supply Cost Savings Act (“Savings Act”) was incorporated into the Water Infrastructure Improvements for the Nation (WIIN) Act legislation. For three years, the Water Systems Council and its members worked to build bipartisan support in both the House of Representatives and the U.S. Senate. On December 16, 2016, President Obama signed (WIIN) into law, which includes provisions of the Water Supply Cost Savings Act.

Read Section 2108. Water Supply Cost Savings of the WIIN Act.

Purpose of this Bill – To reduce federal, state and local costs of providing quality drinking water to millions of Americans residing in rural communities by facilitating greater use of well water systems as an alternative to traditional, centralized, drinking water systems.

The passage of the Savings Act marks the first time wells and well systems have been recognized by the federal government as a cost effective, sustainable way to deliver safe drinking water to rural communities.

The Opportunity

According to the EPA, there are 27,500 systems serving fewer than 500 people, the Savings Act’s target audience.

Additionally there are 1.7 Million Americans living without water in their homes. That equates to 672,000 households who could benefit from federal financing for wells and well systems.

Savings Action Plan

Develop a Drinking Water Technology Clearinghouse for information on the cost-effectiveness of innovative and alternative drinking water delivery systems, including wells and well systems; and disseminate such information to the public, communities, and not-for-profit organizations seeking Federal funding for drinking water delivery systems serving 500 or fewer persons.

Currently WSC is building a new Decentralized Drinking Water Systems Learning Module that will be hosted on EPA’s Water Finance Clearinghouse website

Provide education and outreach on the use of individual and community wells through Water System Assessment.

Report to Congress no later than 3 years after the date of enactment of this Act that describes the use of innovative and alternative drinking water delivery systems, cost savings, and the use of drinking water technical assistance programs operated by the EPA Administrator and the Secretary of Agriculture.

Move it Forward

The Water Systems Council (WSC) celebrated President Trump’s signing of America’s Water Infrastructure Act into law October 24, 2018, saying that the new law is a major step toward providing all Americans with safe, clean drinking water. 

The new law includes the WSC-supported Securing Required Funding for Water Infrastructure Now (SRF WIN) Act, which was introduced by U.S. Senators John Boozman (R-AR) and Cory Booker (D-NJ).  The SRF WIN Act modernizes investment in water infrastructure by empowering states to invest in multiple water infrastructure projects.

“America’s Water Infrastructure Act is in lock step with President Trump’s vision for infrastructure,” said Senator Boozman, Chair of the Senate Fisheries, Water and Wildlife Subcommittee.  “I’m particularly pleased that this bill also includes the SRF WIN Act, legislation I introduced with Senator Booker. What the SRF WIN Act does is simple: it combines the efficiency and trust associated with the State Revolving Funds with the leveraging power of the Water Infrastructure Finance and Innovation Act (WIFIA).  This legislation provides millions and potentially billions in project dollars to communities that have traditionally not had access to these types of funds.

“The Water Systems Council was an integral part of getting this legislation included in AWIA and I couldn’t have done it without their help,” Boozman continued.  “I would like to thank WSC for its efforts in support of the SRF WIN Act.”

The America’s Water Infrastructure Act will:

  • Significantly increase annual, federal investment on water and wastewater infrastructure from approximately $2 Billion to over $7 Billion per year.
  • Dramatically improve the efficiency and timeliness of the WIFIA Loan approval process.
  • Allow States to fast-track existing, approved and permitted projects with the “no new reviews” provisions.
  • Safeguard existing CWA and SDWA SRF Funding from cuts — no funding for WIFIA unless existing SRFs are fully funded

The passage of the America’s Water Infrastructure Act, that includes the SRF WIN Act, will greatly increase the much needed funding for the Savings Action Plan targeted communities in need of water infrastructure.

For more information on the Savings Action Plan, please visit the information page.