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Executive overview
Key findings
US$192.1 million: operating revenues in FY 2025, up 7.9% on FY 2024
US$3.0 billion: outstanding debt at June 30, 2025
US$382 per acre-foot: Wholesale Delivery Charge for potable water in FY 2024, against US$303 in FY 2015–FY 2018
5.47 times: pledged revenue debt coverage in FY 2024
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Buyer relevance
Who the report is for
Consultants and suppliers preparing a first approach
Get the Authority's assets, from its 175-mile transmission network to 28 pumping plants, and its capital program in one reference document.
Credit and public finance analysts
Read the debt series from FY 2015 to FY 2024 alongside coverage that rose to 5.47 times and the 2026 ratings.
Member-agency and regional planners
Track the Wholesale Delivery Charge, which reached US$382 per acre-foot in FY 2024, against per capita use and conservation goals.
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Decision scope
Questions answered
What is the Authority's Wholesale Delivery Charge?
US$382 per acre-foot of potable water in FY 2024, up 26.1% from US$303 in FY 2015–FY 2018 (calculated).
How much debt does the Authority carry?
US$3.0 billion outstanding at June 30, 2025; total debt was US$2,861.6 million at June 30, 2024, below the FY 2016 peak of US$3,528.5 million.
How does the 2027 Colorado River cut affect supply?
Nevada's reduction would be 50,000 acre-feet in each of 2027 and 2028 if the Lower Basin States implement their proposed sharing agreement; Southern Nevada used about 198,000 acre-feet in 2025, below the 250,000 acre-feet that would be left (calculated).
How clean is the treated water?
The Authority recorded zero drinking water standard violations in FY 2023-24 and FY 2024-25; average arsenic was 1.5 ppb and 1.9 ppb at its two plants against a limit of 10.
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Inside the report
Inside the complete report
Executive Overview
1. Utility and Service Mandate
2. Water Resources and Supply
3. Infrastructure and Treatment
4. Networks and Assets
5. Financial Position
6. Investment and Major Projects
7. Tariffs and Customer Context
8. Energy and Sustainability
9. Governance and Regulation
10. Climate and Resilience
11. Forward Developments
12. Key Intelligence Summary
Source Register
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Public preview
What to watch next
2. Water Resources and Supply
Calendar 2026 Colorado River use; Reclamation's 24-Month Study projections; operating guidelines for 2029 and later.
5. Financial Position
FY 2025 operating expenses and the FY 2026 annual report; coverage after the October 2026 bond sale.
6. Investment and Major Projects
An amended capital plan; Horizon Lateral Phase I contract values.
7. Tariffs and Customer Context
The FY 2025 and later Wholesale Delivery Charge; any change to Authority charges in the FY 2027-28 budget.
Financial Position: revenues, expenses and debt FY 2021 to FY 2025, the ten-year debt and coverage series, and 2026 credit ratings.
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Included
What you receive
The complete PDF report: 12 pages, 14 sections, 18 tables and a register of 25 sources.
This edition
November 2026, First edition.
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Evidence & method
Evidence and method
The profile is built from the Authority's audited annual financial reports for FY 2021 to FY 2025, including the ten-year statistical series, its budgets, its 2020 amended capital plan, conservation and water resource plans, 2026 water quality summaries and web pages. Federal Colorado River decisions, rating agency releases and 2026 news reports cover current status.
Sources
25 sources, listed in the report's source register. Evidence current to 4 November 2026. Principal data periods: FY 2021 to FY 2025 audited results (years ended June 30); ten-year statistical series FY 2015 to FY 2024; FY 2026-27 budget; calendar 2023 to 2025 water use; federal decisions to August 2026. All currency is US dollars..
Evidence boundaries
This report uses authoritative source material available at the stated research cutoff. It distinguishes published facts, calculated values and analytical interpretation. No independent modelling is performed. Forward-looking analysis reflects published plans, documented trends and stated uncertainties. It does not constitute legal, financial, investment or engineering advice.
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Lead analyst
Robert C. Brears
Founder, Our Future Water Intelligence
Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.
- Decision-focused utility intelligence
- Published water-policy author
- Evidence-grounded system analysis
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Buyer FAQs
Before you purchase
Who can use the report?
Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.
How is the report delivered?
The PDF is available to download immediately after confirmed payment, through our secure delivery system.
Can my organization buy wider access?
Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.
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Utility Intelligence Profile: Southern Nevada Water Authority
- Format
- Length
- 12 pages
- Edition
- November 2026, First edition
- Price
- USD 99
11
Report details
Publication details
- Publisher
- Our Future Water Intelligence
- Report family
- Utility Intelligence Profile
- Edition
- November 2026, First edition
- Format
- Length
- 12 pages
- Reference
- OFW_EXT_SOUTHERN_NEVADA_WATER_AUTHORITY_UTILITY_INTELLIGENCE_PROFILE_33f4758e82d9
- Evidence current to
- 4 November 2026
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