Private buyers and government are competing for ownership of municipal water and wastewater systems in Philadelphia's suburbs, raising concerns about rates. Investor-owned utilities argue that rate increases are due to necessary infrastructure investments, while critics worry about the appraised fair-market value charged to ratepayers.
Private buyers say they offer solutions to troubled towns. But critics worry about rates. Under the law, utilities can charge ratepayers the appraised fair-market value , rather than the lower, depreciated cost. Investor owned utilities acknowledge that rates increase after they buy municipal systems, but say it's often because they make expensive infrastructure investments that public owners had neglected to do.
Here, Aqua Pennsylvania contractors rebuild a water main on Hillcrest Road in Upper Darby.A high-priced competition is quietly underway in Philadelphia’s suburbs over who will own municipal water and wastewater systems — private operators or government — and who will be left paying the bill.of its municipal sewer system to Aqua Pennsylvania Inc., generating a $75.1 million windfall for the Montgomery County tow
Private Buyers Government Municipal Water Wastewater Systems Philadelphia Suburbs Rates Infrastructure Investments Appraised Fair-Market Value Ratepayers
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