Perhaps future decisions will emit from a corporate headquarters somewhere in Europe. After public health and public safety, we use our governments to keep our water rates down. The land, wells, buildings and pipes all contribute to the purchase price. There is also an annual cash flow to add value to the price. In addition, the new buyer sees increased sales of additional products to the existing customers.
Public enterprises pay less for capital loans and they operate with no profits.
Lower debt costs and no profits mean lower rates. On Cape Cod, we have only one source for fresh water. It is all underneath us in the ground. We take our water business very seriously. As we should.