Levelized cost of water

The levelized cost of water is like a price tag for how much it costs to make sure we have enough fresh water now, and in the future. It’s calculated by taking into account all of the costs that go into making sure we have enough water to use. This includes the costs of getting water right out of the ground, the costs of cleaning it up to make it safe to drink and use, and the costs of building and running projects to make sure there is enough water in a given area, like dams or reservoirs. The levelized cost of water also considers potential costs in the future if we want more water, like building bigger infrastructure projects to capture more water when it rains heavily. By taking all of these costs into account, the levelized cost of water helps us decide how much it will cost make sure we have enough water for everyone now and for future generations.