Regional Water Exchange Agreement with Cave Creek
Summary
Peoria approved a water-sharing agreement allowing Cave Creek to use its stored water credits via Peoria's wells in exchange for Peoria receiving CAP water. The deal provides Peoria with recovery fees and protective delivery limits while helping a neighboring town navigate Colorado River shortages.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jun 16, 2026.
Impact analysis
Generates revenue for Peoria through recovery fees starting at $460 per acre-foot with a 3% annual escalator through 2033.
Residents of Cave Creek gain a critical water supply bridge during shortages, while Peoria benefits from regional cooperation and infrastructure funding.
None identified under normal operating conditions, as Peoria retains unilateral authority to suspend deliveries if allocations drop.
Mentions & discussions (2)
Peoria, Cave Creek partner on innovative water exchange
Peoria, Cave Creek partner on innovative water exchange KTAR News 92.3 FM
City Council Meeting - Jun 16, 2026
Peoria approved a water-sharing agreement allowing Cave Creek to use its stored water credits via Peoria's wells in exchange for Peoria receiving CAP water. The deal provides Peoria with recovery fees and protective delivery limits while helping a neighboring town navigate Colorado River shortages.
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