Water Supply Cost Savings Act or the Savings Act - Requires the Environmental Protection Agency (EPA) and the Department of Agriculture (USDA) to: (1) update their programs that provide drinking water technical assistance by including information on cost-effective, innovative, and alternative drinking water delivery systems; and (2) disseminate information on the cost effectiveness of wells and well systems to communities and nonprofit organizations seeking federal funding for drinking water systems serving small communities (3,300 or fewer persons).
Requires applicants for federal grants or loans for those drinking water systems to certify that wells have been considered as an alternative drinking water supply.