The company that was the sole supplier of water for the City of Henderson for decades has filed for bankruptcy protection, a victim of a 23-year drought that created a problem too expensive to fix, KLAS reported.
Although Henderson no longer relies exclusively on the Basic Water Company (BWC), industries that built the city out of the desert to meet World War II demands still do. And their water bills threaten to break the bank.
When Lake Mead dropped to “Failure Elevation” — 1,043 feet in July — Basic Water Company’s 40-inch-diameter pipe stopped sucking in water at Saddle Island. The pipelines are commonly referred to as “straws.” The lake dropped as low as 1,040 feet, but it has since risen to 1,043 feet. Forecast models show it dropping under 1,040 feet again by April of 2023.
ktla.com/news/las-vegas-area-water-company-files-bankruptcy-as-lake-mead-straw-runs-dry/