Due to California’s latest drought status, the cost for water per acre-foot has increased dramatically. Some estimate that the cost of water for farming irrigation has increased as much as 800%. This drastic increase has been a complete outrage for a lot of farmers in the central valley of California, but a lot of farmers will also benefit from this. Farmers with senior water rights will be able to still get their water from the state, and they will have the opportunity to sell water to other farmers who need the water for their crops. The California Department of Water Resources has been quoted saying that it expects to deliver only 5% of the water requested this year.

Water rights in Colorado can be more valuable than gold. If you are looking to get into the Water rights business, you may want to do some research into Colorado’s Water Rights. Colorado has a fair system for dealing with water rights, and makes the laws surrounding water rights clear. Colorado has a division of wells, either exempt or non-exempt. Non-exempt wells are broken down by priorities of domestic wells, household wells, and a grandfathered well. For more information on Colorado’s Water Rights visit: http://www.co-realty.net/buying-real-estate/water-in-colorado

The overall temperature for California has increased over the past few years, and is expected to increase again over the next few years. This climate change has led to a reduction in the amount of snow that will be falling on the Sierras. This snow is vital as California’s water supply, California relies on the snow melt off for several months throughout the year, and without it the State is facing some hard times. The loss of this snow will also affect the tourism and agricultural businesses. Some experts believe that there will be a reduction in the amount of farm land available in California after the loss of this water resource is lost.

Last year was one of the driest years ever for the state of California. The governor has declared an official statewide drought in January, and has outlined several key steps to help deal with the water shortages. The governor has also call for a voluntary reduction in water consumption. Many Californians will be affected by this drought and cut in water consumption as the state tries to bounce back from a low year in rainfall.