Hilton Head PSD receives AA+ credit rating from S&P
Hilton Head Public Service District (PSD) has received a very favorable credit rating from S&P Global Ratings. S&P assigned its ‘AA+’ issuer credit rating to
Ten separate utilities, both public and private, provided water and wastewater services to the residents of the island at the time of the District’s creation. Beginning in 1995, the District acquired the four utilities that now comprise its current service area, including Hilton Head Plantation Utilities, Hilton Head Island Rural Community Water District, Coastal Utilities and Hilton Head Utilities. In addition, the PSD acquired two small systems on the island previously served by the Beaufort-Jasper Water & Sewer Authority. Consolidation of the remaining island utilities formed the three public service districts currently serving Hilton Head Island – Hilton Head, Broad Creek, and South Island PSDs.
The remainder of Hilton Head Island is served by either the Broad Creek PSD, which serves Palmetto Dunes and the Shelter Cove area, or South Island PSD, which serves all areas of the island south of Shelter Cove. The three island PSDs work together on an array of issues, including staff training, hurricane operations and recovery, and future water supply planning.
Today, Hilton Head PSD serves more than 19,000 customers in the north- and mid-island areas of Hilton Head Island, from Windmill Harbour to the Hilton Head Resort.
Hilton Head Public Service District (PSD) has received a very favorable credit rating from S&P Global Ratings. S&P assigned its ‘AA+’ issuer credit rating to
(PSD Water Quality Supervisor Sarah Hickman speaks to members of the Hilton Head IB Elementary School’s Rotary Early Act Club about water resources on Hilton
HILTON HEAD ISLAND, S.C. (July 29, 2022) – Hilton Head Public Service District (PSD) has received the Certificate of Achievement for Excellence in Financial Reporting
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