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Water woes: private companies raise the rates on those who can least afford it.(California American Water Co.)
Rebecca Trujillo first learned that a multinational corporation had bought her local water system when she got a bill. Like other residents in Chualar, a community of farm workers in Salinas Valley, California, Trujillo was used to paying a monthly flat rate of $21 for water. But in October 2004, she got a bill for over $200. Worried that her pipes might be leaking, she dialed the customer service number, and a phone rang in Alton, Illinois. The voice on the other end of the line, she would later learn, belonged to an employee of RWE-Thames Water. Based in Germany, RWE-Thames is the third largest private water corporation in the world.
Over the past 10 years, ...
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Source: HighBeam Research, Water woes: private companies raise the rates on those who can least...