Piedmont Water CEO Adam Schafer opposes House Bill 449 targeting private water providers

In a pivotal meeting of the Georgia Senate Committee on Regulated Industries and Utilities, discussions centered around House Bill 449, which aims to impose new regulations on private water providers, particularly targeting Piedmont Water Company. The atmosphere was charged as Adam Schafer, CEO of Piedmont Water, addressed the committee, expressing gratitude for the opportunity to clarify misconceptions surrounding his company.

Schafer emphasized that the bill was an unnecessary overreach, driven by a small group of high-consumption irrigation users who have voiced dissatisfaction with their water bills. He defended Piedmont's pricing structure, which he claimed has remained stable and fair, citing long-standing contracts that protect customers from sudden rate increases. He argued that the proposed legislation would not only increase compliance costs but also hinder the company's ability to invest in infrastructure necessary to meet the growing demand in the Lake Oconee area.

The committee members engaged in a robust dialogue, questioning Schafer about the company's capacity to provide fire flow and manage water usage during peak demand periods. Schafer reassured them that Piedmont has implemented tiered pricing to encourage conservation and has made significant investments in infrastructure to ensure reliable service.

As the meeting progressed, a new committee substitute was introduced, allowing property owners the option to drill their own wells for irrigation purposes. This proposal aimed to provide relief to constituents while avoiding direct interference with Piedmont's operations. However, concerns were raised about the implications of such a move, particularly regarding the potential for competition and the need for proper regulations to ensure safe water use.

The discussions highlighted the delicate balance between regulatory oversight and the need for private investment in water infrastructure. As the committee deliberates on the future of House Bill 449, the outcome could set a significant precedent for how private water companies are regulated in Georgia, impacting both consumers and providers alike. The meeting concluded with a sense of urgency to find a solution that addresses the concerns of residents while safeguarding the interests of the water utility.