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Regulation of Privately Owned Water Utilities
Author(s) -
Barr J. J.
Publication year - 1961
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1961.tb00734.x
Subject(s) - business , revenue , water utility , capital (architecture) , finance , industrial organization , water supply , engineering , environmental engineering , archaeology , history
Regulation applies to as many water companies as it applies to privately owned utilities of other types. On occasion, some people associated with the water supply field get the impression that water companies are poor relations among utilities, overshadowed by the electric, telephone, and gas companies. Water companies are required to comply with essentially the same rules, principles, and requirements of regulation that apply to, and have apparently been promulgated for, operations that are much larger in number of customers, invested or available capital, revenue per customer, or extent of justifiable administrative personnel. This article discusses the attitude of investors, accounting requirements, mergers, regulation of small utilities, and consequences of high application cost.