Differences in Costs Affect Water Utilities’ Rates, and One Utility May Have Spent Millions of Ratepayer Funds Inappropriately.
This report concludes that a variety of cost factors and differences in costs among the utilities contributes to the variations in the four utilities’ water rates but, overall, the two private water utilities had higher costs and therefore higher rates. A key factor that contributes to the differences in costs among the water utilities is the inherent difference between private and public water utilities …