Welcome to Our Investor Relations Site


The Pittsburgh Water & Sewer Authority

Issuer Type: Water/Sewer



On behalf of the Pittsburgh Water & Sewer Authority, I would like to welcome you to our new investor relations website. We appreciate your interest and investment in bonds issued by the Authority, as it allows us to make critical investments in water and sewer infrastructure throughout Pittsburgh. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.

I hope you find this website useful as you seek to better understand the credit fundamentals of the Authority. Please do not hesitate to contact our office with suggestions for how we can improve. Thanks again for your interest in our bond program.

Edward Barca, Director of Finance

News & Highlights

January 22, 2021

Press Release
PWSA to Undertake $7.7 Million PENNVEST-Funded Sewer Rehab Project

Pittsburgh, PA - Today, the Pittsburgh Water and Sewer Authority (PWSA) announced that it will accept a $7.750 million loan from the Pennsylvania Infrastructure Investment Authority (PENNVEST) to complete approximately 7.4 miles of sewer rehabilitation work in Brighton Heights, the South Side Slopes, and Hazelwood.  

This is a proactive effort to identify aging sewers and complete low-impact improvements to prolong their life. Rehabilitating our sewers will also help to address discharges into the Ohio and Monongahela Rivers. Completing the work via a low-interest, PENNVEST loan will reduce long-term costs to our ratepayers while providing adequate funding to advance our capital improvement plan.

While sewers serve a simple purpose – to move sewage and stormwater away from homes and businesses – a sewer failure can be very impactful. When sewer walls crack or collapse, they can cause sinkholes, sewer backups, and sewage service impacts to our customers. Additionally, full sewer replacements can be a costly and time-consuming project. Therefore, PWSA is focusing the majority of its capital improvement plan to rehabilitation projects that identify high-risk sewers and address them before a failure.

We will use extensive televised footage of our sewers to determine which portions of sewer can be proactively rehabbed before they fail. This work is done without a trench, using sewer lining technology. Sewer liners are a sleeve that is cured to the inside of the pipe, creating a protective barrier that secures cracks in the pipe and prevents leaks for approximately 50 years. Construction on this project is anticipated to begin in May 2021. 

“We’re grateful to PENNVEST for their continued support for our infrastructure renewal projects,” said PWSA Chief Executive Officer Will Pickering. “This low interest loan will reduce costs to ratepayers, and help us reduce the risk of sewer backups and sinkholes by upgrading over seven miles of our aging sewers.”

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January 12, 2021

Press Release
The U.S. Environmental Protection Agency Invites PWSA to Apply for WIFIA Water Infrastructure Loan

Pittsburgh, PA - Today the Pittsburgh Water and Sewer Authority (PWSA) was invited by the U.S. Environmental Protection Agency (EPA) to apply for a Water Infrastructure Finance and Innovation Act (WIFIA) loan. If approved, it would provide 49% of the funding needed for critical water infrastructure projects that would lead to the complete restoration of the Clearwell, a large, century old water storage facility. 

After submitting a letter of interest in October, PWSA was one of 55 applicants invited to move to the next round for these competitive federal loans. The WIFIA program, established in 2014, funds water infrastructure improvements across the country focused on improving water quality, creating jobs, and ensuring access to clean and safe drinking water.

“We are proud of this recognition from the EPA and appreciate the opportunity to advance to the application process,” stated Ed Barca, PWSA’s Director of Finance. “WIFIA funding is highly competitive and our formal application will continue to demonstrate the significance of these projects.”

If PWSA’s application is approved, the low-interest loan would provide approximately $127,901,498 to fund a series of once-in-a-generation projects to renew key components of our water production and distribution systems. These projects will strengthen our water system, add needed redundancy, and ensure an uninterrupted supply of quality water. The capital projects that make up our plan culminate with the restoration of the Clearwell and includes rehabilitating the Aspinwall and Bruecken Pump Stations, replacing reservoir liners and cover systems, updating electrical and backup power systems, restoring pump stations, and repairing or replacing various large-diameter water mains throughout the system. 

These critical projects, which total nearly $250 million, are a significant part of our $1.2 billion Capital Improvement Program. We are seeking other funding sources to support the remaining cost of these projects. 

Criteria used by the EPA to evaluate projects include project readiness, credit worthiness, and national or regional impact of the project. Our critical water infrastructure projects stood out among 67 letters of interest requesting more than $9 billion and was selected to move forward due to water quality improvements that will benefit our drinking water customers, ability to meet water quality regulations, create jobs, and support the growth of Pittsburgh’s local economy. 

“PWSA is embarking upon the largest capital investment in its history. Securing low interest state and federal loans will help to reduce long term costs to our ratepayers,” stated Will Pickering, PWSA’s Chief Executive Officer. “As a publicly owned and controlled utility, every dollar is reinvested back into the water system, and we will continue to pursue opportunities like WIFIA to keep rates as affordable as possible.”

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December 24, 2020

Press Release
PWSA's Community Lead Response Meets New Lead and Copper Rules Standards

Pittsburgh, PA — The Pittsburgh Water and Sewer Authority (PWSA) is proud to announce that its existing Community Lead Response, a multi-faceted approach to remove lead from Pittsburgh’s water distribution system, already meets many of the standards found in the recently upgraded Lead and Copper Rule (LCR). On December 22nd, 2020, the Environmental Protection Agency (EPA) announced updates to the LCR, a 30-year-old federal regulation that protects communities across the United States from the risks of lead exposure. 

PWSA joined other cities with aging lead infrastructure to share their hands-on experience of reducing lead levels in water and replacing lead service lines with the EPA. Since testing over the federal “action limit” in 2016, PWSA’s Community Lead Response team has worked continuously to provide easy-to-understand information about lead in water, provides free lead test kits and water pitcher filters for those with high lead levels and has implemented several multi-million-dollar construction programs to replace lead service lines with a non-lead material. 

Some of the updates to the LCR include more accurate testing parameters for lead in tap water. New regulations require testers to sample the fifth bottle of water taken from the tap. Drawing multiple bottles ensures that the last bottle of water has sufficient contact time with the lead service line. PWSA already tests many homes across the distribution system using the EPA's present method to monitor lead and will continue its testing with the revised method.

Water providers are also required to test only homes with confirmed lead service lines when collecting samples for compliance testing. This can be done through historical records or physical inspection. Previously, residents could self-assess their service line and plumbing materials.  PWSA’s present program tests homes with confirmed lead service lines, using curb box inspections and other historical data to make the confirmation. 

There are new, stricter regulations for water systems that reach 10 ppb in their compliance sampling submitted to regulators. This will require systems to begin lead remediation efforts before they reach the EPA action limit of 15 ppb.

Through extensive scientific and engineering efforts over the past four years, PWSA has shown the lowest lead levels in the distribution system in twenty years, ensuring it is well within federal compliance. Reducing lead levels for all Pittsburgh residents protects public health and ensures the safety of our drinking water. 

Providers must also notify customers with elevated tap water samples and provide options for reducing lead. PWSA has already set this standard for itself, reaching out directly to customers with elevated lead levels to determine the source of lead in the home, and providing tips for reducing lead levels like flushing, filters, or lead service line replacement through one of our programs

Water providers will also begin working with schools and childcare facilities to test for lead in buildings that serve children. This is a new requirement of the LCR and PWSA will begin working with these institutions across Pittsburgh to test water and identify lead risks. 

The updated LCR includes a ban on partial lead service line replacements. Removing only a portion of a lead service line can disrupt the pipe and cause dangerous spikes in lead. Additionally, partial replacements leave behind a portion of the lead line which will continue to pose a risk to the residents.

PWSA’s lead service line replacement program engages the property owner when a lead service line is found to coordinate the replacement and fully remove the risk at no cost to the customer. In Pennsylvania, private service line replacement by PWSA was made possible by a change to state legislation that would allow public authorities, like PWSA, to use ratepayer dollars to complete this important work on private property. Reversely, when a customer approaches PWSA ready to replace their private lead service line on their own, PWSA will coordinate to replace the public lead service line at the same time.

Water providers are now required to keep a public inventory of lead service lines. They now must notify homeowners when lead is present and share options for reducing lead. PWSA’s lead service line inventory has been publicly available since 2018, at www.pgh2o.com/leadmap. This map gives residents the tools to make decisions about their tap water. PWSA will adhere to the LCR revisions and begin to notify customers annually of their options if they have a lead service line. 

Continuing our efforts

To date, PWSA has replaced over 8,100 public service lines and is working towards its goal of removing all lead from the distribution system by 2026. Since its regulatory lead exceedance in 2016, PWSA has worked hard to invest money in removing the risk of lead from the system and regaining the trust of its customers. 

“Many of the revisions that were proposed in the draft are already standard practice,” said PWSA Chief Executive Officer, Will Pickering. “Some of our procedures even exceed the standards set by our federal regulators. We are proud of our program and will begin implementing what is required of us in this LCR update,” he said. 

  • For more information on PWSA’s Community Lead Response, including press releases, a lead inventory map, and free lead test kits for your home, visit www.lead.pgh2o.com
  • For more information on the Lead and Copper Rule Updates release by the Environmental Protection Agency, visit the EPA’s website.
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