As an uninformed resident, this is frustrating to learn, or hear confirmed.

I personally am so conditioned to assume all rates and fees are ways to keep padding executive bonuses, keep investors getting paid dividends only taxed at 1% instead of my 22%, and have nothing to do with supporting long term goals.

Maybe regulation is the only way to force investment in infrastructure and cap executive compensation and investor profit.

Maybe the government should run it since there should be no profit involved in utilities providing the basics of modern life, oh wait, they definitely won't screw all that up either, ha