Mary Tiger is the Chief Operating Officer of the Environmental Finance Center at University of North Carolina at Chapel Hill.
Measurements, benchmarks, and metrics. We’re no stranger to them at the Environmental Finance Center. In fact, we’re fans. (Have you seen our dashboards?) Credit rating agencies are also big fans of metrics. But when assessing a utility’s credit worthiness, credit rating agencies look at more than metrics to inform their ratings. This subjectivity can be challenging for a utility that wants to make sure that it is in the best position to go out to the debt market, making sure all of their financial t’s are crossed and i’s are dotted. The following blog post summarizes some of the most commonly cited themes in a review of recent credit rating summaries for water utilities in the U.S.