Unbelievable! This really is the stupidest thing I have heard in a long time. Once what should be a public utility service is in competition with a private company then what happens when the public service discontinues due to loss of customers -- then when the private company has a monopoly on water, watch the price of water skyrocket. Maybe this could work if there are substantial regulations on the private company - but with that being the case why would anyone invest 1.8B knowing that their profitability is capped? They say, "trust us - we will lower the cost of water" .... right. That's not even to mention the incredible waste of resources to install dual sets of water feed piping to every house.
Agree x 1
Genius x 1
