WaterPLus 2011–2012 Archive

News Archive

JULY 2011 PROPOSAL

Clicking the link below will download the update of the April 6 proposal to the Monterey Peninsula Water Management District. The additions are printed in red. 

They take into account questions raised by District Directors at the July 18, 2011 proposal workshop that took place at the District's regular meeting that evening. 

dropDownload the pdf document by clicking here.

(The free Adobe Reader software is required to read our pdf documents. Download Adobe Reader here.)


Monterey Herald, Feb. 17, 2011

Water district receives OK to form new agency. Leaders want to put
measure on November ballot

By Jim Johnson, Herald writer

"A bid to dissolve or reorganize the Monterey Peninsula Water Management District and form a new agency as part of an effort to purchase California American Water's local system can proceed under the Local Agency Formation Commission (LAFCO). "

Read more...


Point and Counterpoint

September 29, 2011: 
"More Hogwash from Carmel"
Op-Ed in the Monterey Herald rebutting the Sept. 23 editorial in the Carmel Pine Cone

October 1 , 2011: 
Ron Weitzman's reply to the Carmel Pine Cone editorial

July 9, 2011:
Questions posed by Bob Brower on 14 April 2011 and answered within hours on the same day by Ron Weitzman

June 16, 2011:
Ron Weitzman's detailed counterpoint to the June 10 article in the Carmel Pine Cone

February, 2011:
We also reprint here once again Ron's point-by-point response and rebuttal to an earlier Pine Cone article

Monterey Herald, Feb. 10, 2011

Water buyout bid draws crowd.
Groups push for public ownership.
By Jim Johnson, Herald writer

"More than 100 people listened to a three-person panel speak Wednesday for a bid to back the public purchase of California American Water's Monterey district system."

Read more...

Monterey County Herald Front Page,
Jan. 23, 2011

"RESIDENTS GATHER ALLIES
TO BUY CAL-AM"

Group says public ownership will bring down cost"

"Making its pitch for a public purchase of California American Water, a group of community leaders is making the rounds of local governments and public agencies on the Peninsula in search of backing for its proposal."

Read more...

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Desal News and
Commentary Archive

movie

Sewer water commentary not the whole story.  Guest Commentary by Ron Weitzman in the Monterey Herald, November. 24, 2012

More to the water story
Monterey Herald Guest Commentary by Ron Weitzman  July 19, 2012

Cal Am taking us under
Monterey Herald Guest Commentary by Ron Weitzman  June 14, 2012

Protest by WaterPlus
of the application of California-American Water Company for Approval of the Monterey Peninsula Water Supply Project and Authorization to Recover All Present and Future Costs in Rates. (This is a multi-page pdf.) May 25, 2012

Cal Am plan outrageous
Letter to Monterey Herald
by Ron Weitzman  May 14, 2012

Storage and recovery a bad idea
Letter to Monterey Herald
by Ron Weitzman  April 17, 2012

Outlook still grim for new water authority
Monterey Herald Guest Commentary
by Ron Weitzman  April 1, 2012

Peninsula must quickly act on water
Monterey Herald Guest Commentary
by Ron Weitzman  March 3, 2012

Desal EIR dealt blow: review failed to consider water rights, judge rules
By Jim Johnson, Monterey Herald Staff Writer  February 3, 2012

Making Water Go Public
Monterey Herald Guest Commentary
by Ron Weitzman  January 22, 2012

Cal Am quits desal project
By Jim Johnson, Monterey Herald Staff Writer  January 18, 2012

Local water costs continue to increase
Monterey Herald Guest Commentary by Ron Weitzman  January 5, 2012

It's all about water profits
Letter to Monterey Herald by Ron Weitzman  December 21, 2011

Now we're talking billions
Letter to Monterey Herald by Ron Weitzman  November 17, 2011


Debt Facts and Figures

Cal Am currently charges ratepayers 6.63% on debt, 9.9% on equity, and 8.41% on debt plus equity. A public utility owner would today (2013) likely charge ratepayers no more than 3.5% on debt and nothing on equity or debt plus equity (called the "rate base"). In this calculation, equity is determined by the CPUC and has nothing to do with fair-market value, which is equal to debt plus actual equity. This (fair-market) value for Cal Am was appraised to be $94 million in late 2011. Cal Am's current debt is $59,113,028. Its equity as determined by the CPUC is equal to 53 times its debt divided by 47, or $66,659,372, so that its debt plus equity (rate base) is equal to $125,772,400.

Use this information, together with the above mortgage calculator, to compare Cal Am and public-ownership costs for removing the San Clemente Dam ($49 million debt) and building a new desalination plant ($210 million debt for the plant plus $110 million debt for the pipe to Seaside), excluding annual operation-and-maintenance costs (assumed equal for public or private ownership). Use a 20-year loan for the dam and a 30-year loan for the desalination plant.

You can also use this calculator to estimate the net cost to ratepayers of a purchase of Cal Am by a public agency. This would be a low-ball estimate because it does not take into account income and property taxes (not paid by a public agency) or the cost of interaction with the CPUC (required only for a private company). Enjoy!

 

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Commentary Archive

Monterey Herald, August 18, 2012
Guest Commentary by Ron Weitzman

"Ways Peninsula can save on cost of water"


Monterey Herald, June 22, 2012
Letter to the Editor by Dick Rotter

"Groups don't oppose removal of dam"


Monterey Herald, June 22, 2012
Letter to the Editor by Ron Weitzman

"Shareholders should pay for dam removal"


Monterey Herald, June 17, 2012
Letter to the Editor by Skip Keyzers

"Cal Am water plan not best for all"


Monterey Herald, June 14, 2012
Letter to the Editor by Claude B. Hutchison Jr.

"Needs transparency in agency leadership"


Monterey Herald, Jan. 5, 2012
Guest Commentary by Ron Weitzman

"Local water costs continue to increase"


Monterey Herald, Oct. 26, 2011
Guest Commentary by Ron Weitzman

"Keep Cal Am out of water process."


Monterey Herald, Sept. 17, 2011
Guest Commentary by Ron Weitzman

"Cal Am pulls strings in water board vote."


Monterey Herald, August 17, 2011
Letter to the Editor by Claude B. Hutchison Jr.

"Cal Am as an octopus"


Monterey Herald, August 18, 2011:
Response to recent media coverage of water issues.
Guest Commentary by Ron Weitzman

Read the full commentary here.


Carmel Valley Association Newsletter
Are you willing to pay Cal-Am
3400% more for desal water?

By Ron Weitzman
"Contrary to some recently published scare rhetoric, a public agency buying Cal-Am would not delay the desal project." 
Read more...


Monterey County Herald Editorial Dec. 9, 2010
"TIME IS RIGHT TO LOOK AT CAL-AM TAKEOVER"
"It may not seem like it, but if there ever was a right time for residents of the Peninsula to take a serious look at a public takeover of the local California American Water operation, this is it." Read more...


Monterey County Herald Op Ed Jan. 20, 2011
"PUBLIC CONTROL OF WATER A WIN FOR ALL"
Guest commentary by D. Michael Langford, national president of Utility Workers Union of America, AFL-CIO, which represents 50,000 employees in utility and related industries across the United States.) Read more...

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