Will PGW Sale Mean Higher Prices?

Some signs point to yes.

In light of the city’s sale of PGW to a private company, advocacy group Food and Water Watch says that the history of privatizing utilities almost invariably equals higher bills for customers. (See scary graphic here.)

In Bensalem, Pa., a typical annual water and/or sewer bill was $137.08 before privatization but climbed to $578.05 after. In Bristol, Pa., the bill jumped from $165.44 to $661.43. After privatization in Media, Pa., water bills climbed from $335.69 to $792.22.

A WHYY report this morning also cast doubt on whether the new PGW owner, New Haven-based UIL Holdings Corp, would maintain the gas utility’s low-income assistance program. The terms of the deal, according to the report, suggests UIL could opt out of the program if it deems it financially infeasible.

[Biz Journal]

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  • matthew brandley

    If you drive up into bucks co the water mains are being relpaced all over the place. do you see that on the phila side? I think not. The water quality is better . infrastucture better maintained. the joint municiple authority is more corrupt I will admit but at least people pay there bills!

    • Who do You Think You Are

      But you are paying A LOT for that. Is it worth it? And Philadelphia is a poor, COLD city. Do you think they will be able to pay those increases? We don’t live in an ideal world so we need to stop pretending like we do!

      • matthew brandley

        Is it my fault that over 1/3 of city residents recieve some type of goverment assistance because the woman cant keep there legs shut? to lazy to get a J O B? what ever happend to pulling your self up and making something out of your life if your able and NOT DEPENDING on santa claus?

        • Mark

          Wow what a way to generalize the behavior of a City. You must hate Philadelphians. If what you say is true what about the other 2/3’s. There are people in Philly who work you know. How do we adjust to utility bills being doubled due to privitization? Philly has already significantly increased property taxes on those who actually pay. Many of us who work have not seen raises in years, rather we are being subjected to pay cuts or layoffs. So ts not always about poor people and single mothers.