Sunday, September 29, 2013

PUBLIC WATER NOW TOWN HALL MEETING, October 8, 2013

ABSTRACT: WHO, WHAT, WHEN & WHERE of the PUBLIC WATER NOW Town Hall Meeting is presented.  ADDENDUM of links to Why Go Public? And links to footnoted material for 1. Private Water Companies are wrongly motivated and cost more and Frequently Asked Questions are provided.
 
“United we stand, Together we win!”

WHO: PUBLIC WATER NOW, Sponsor
WHAT: Town Hall Meeting for friends and neighbors

WHEN: Tuesday, October 8, 2013 @ 7:15 P.M.

WHERE: Carmel Middle School Gym
4380 Carmel Valley Rd.
Carmel, CA.

FOR MORE INFORMATION:
Call (831) 204-8641
Public Water Now
1120 Forest Ave. #208
Pacific Grove, CA 93950-5145
Email: info@publicwaternow.org
Online

ADDENDUM:

 Why Go Public?

1. Private Water Companies are wrongly motivated and cost more

Private water providers are monopolies. They are motivated mainly by their bottom line. The pressure to deliver high rates of return for shareholders drives them to drive up costs even when they are operating as regulated utilities. [i]

Averch-Johnson Effect

In a major analysis of state records throughout the US, it has been shown that private water companies charge, on the average, 33% more than community owned water companies. [ii]

Water Bill Comparison Study
Compiled by Food & Water Watch
Table 1: Comparison of Annual Household Water Bills of Public and Private Utilities by State(s)

Furthermore, private utilities are not more efficient than public utilities, according to a meta-analysis of 17 econometric studies about privatization and costs in water distribution by professors from Cornell University and the University of Barcelona.[iii]

Does privatization of solid waste and water services reduce costs? A review of empirical studies
Germà Bela, Mildred Warner
Resources, Conservation and Recycling 52 (2008) 1337–1348

2. Publicly Owned Water companies qualify for cost savings NOT available to Cal-Am

3. We need to triple our investment in infrastructure

4. Cal-Am has a poor track record – even on simple stuff

5. Cal-Am is a poor fit

6. Public water will be monitored by all concerned citizens

7. Public Ownership is the only truly competitive option

8. The California Public Utilities Commission Costs Us All (dearly)

Frequently Asked Questions
Q: Why should we replace California American Water (Cal-Am) as the supplier of the Peninsula’s water?
Q: What if Cal-Am refuses to sell?
Q: How much will it cost?
Q: Where will the purchase money come from and can we afford it?
Q: Will the acquisition costs show up in my water bill?
Q: What happens if Cal-Am builds new facilities and increases its value?
Q: Will the purchase of Cal-Am Assets slow down efforts to develop new water supplies?
Q: Why does Public Water Now think this effort will succeed?
Q: How does the Initiative work?
Q: Why the MPWMD?
Q: Can the MPWMD handle the additional responsibility?
Q: What about various opinions that Cal-Am is not for sale, MPWMD is not liked, corporate management is more efficient, eminent domain will take years, etc?
Q: Why does Cal Am claim this was tried in 2005 and defeated? 

No comments: