AbstractThis study presents time‐varying suspended sediment‐discharge rating curves to model suspended‐sediment concentrations (SSCs) under alternative climate scenarios. The proposed models account for hysteresis at multiple time scales, with particular attention given to systematic shifts in sediment transport following large floods (long‐term hysteresis). A series of nested formulations are tested to evaluate the elements embedded in the proposed models in a case study watershed that supplies drinking water to New York City. To maximize available data for model development, a dynamic regression model is used to estimate SSC based on denser records of turbidity, where the parameters of this regression are allowed to vary over time to account for potential changes in the turbidity‐SSC relationship. After validating the proposed rating curves, we compare simulations of SSC among a subset of models in a climate change impact assessment using an ensemble of flow simulations generated using a stochastic weather generator and hydrologic model. We also examine SSC estimates under synthetic floods generated using a peaks‐over‐threshold model. Our results indicate that estimates of extreme SSC under new climate and hydrologic scenarios can vary widely depending on the selected model and may be significantly underestimated if long‐term hysteresis is ignored when simulating impacts under sequences of large storm event. Based on the climate change scenarios explored here, average annual maximum SSC could increase by as much as 2.45 times over historical values.