“The dynamic between public and private systems has always been interesting, especially in the case of water and wastewater systems. Public water systems are usually non-profit entities managed by local or state governments, for which rates are set by a governing board. On the other hand, private water systems can be for-profit systems managed by investors or shareholders. Though rates are monitored by a state‚Äôs public commission, private systems are not necessarily subject to this regulating board.”

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