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Alan Heymann, President of Blue Drop, LLC (a DC Water affiliate), joins us to discuss Blue Drop and how DC Water leverages its expertise to create new revenue streams to mitigate rate increases. Alan digs into the risk analysis and decision-making process DC Water engaged in when determining to launch Blue Drop, the products and services offered by Blue Drop. and the advice he gives to other utilities thinking about dipping their toes into alternative revenue streams.
In this session, you’ll learn about:
- How DC Water analyzed the risk of entering the products and services market
- How DC Water began offering Bloom, its Class A biosolid
- The technology enabling the production of Bloom
- Blue Drop’s business model
- The services offered by Blue Drop
- Alan’s perspective on utilities exploring new revenue sources
- Alan’s advice on how to identify potential new revenue streams for utilities
Resources and links mentioned in or relevant to this session include:
- Blue Drop’s website
- Bloom website
- Wikipedia page on the Milwaukee Metropolitan Sewage District’s biosolid, Milorganite
- TWV #060: Change Leadership with DC Water CEO George Hawkins
Thank You!
Thanks to each of you for listening and spreading the word about The Water Values Podcast! Keep the emails coming and please rate and review The Water Values Podcast on iTunes and Stitcher if you haven’t done so already. And don’t forget to tell your friends about the podcast and whatever you do, don’t forget to join The Water Values mailing list!
I learned quite a bit about the synergy that we’re creating. Blue Drop was such a wonderful idea. I’m always open to getting on board with progress. DC Water is such a beautiful gem.
Thanks for your comment, Tameca, and I’m so glad you found the interview interesting and educational. Thanks for listening!
Best,
Dave