In September, 2021, Delaware Canal 21 commenced the Delaware Canal Authority Feasibility Analysis project in a an effort to find new revenue sources to supplement current state funding.
potential solution: Delaware Canal Waterway Authority
Across the Delaware River in New Jersey, there is a canal of the same length and age that is similarly available to public as a state park. The Delaware & Raritan Canal is well-maintained and is always full of water. But it doesn’t rely solely on state park funding to achieve this feat. That canal is financially sustainable because it generates significant revenue by providing drinking water to several municipalities.
With that successful story in mind, Delaware Canal 21 is working together with Pennsylvania and the two counties of Bucks and Northampton to reimagine the business model of the Delaware Canal. Although the mix of revenue-generating opportunities might be different for our canal, we want to explore the feasibility of establishing a revenue generating partner organization such as the Waterway Authority responsible for achieving New Jersey’s Delaware & Raritan Canal’s financial sustainability.
potential new revenue sources
The Delaware Canal Authority Feasibility Analysis will consider options for potential supplemental revenue sources, including but not limited to the list below.
Utility revenue
Low head hydro power generation
Storm water management
Easement / right of way
Sale of drinking water
Concessions and business opportunities
Philanthropic and/or government grants
Private sponsorship support
Public-private partnerships
Assessments or usage fees