So the commission regulates over 350 water companies, which is unusual. I found out, like, most states don't have that many water companies. We have water companies that service really small territories, maybe 20 households. There are water companies that they never had investors. They haven't reinvested in their infrastructure, so they're not up to code and they're bankrupt. So some of them, I heard, aren't even getting water to their customers. And there's going to be an opportunity there for other water companies to purchase those water companies, and the commission will oversee that. (03:53–04:02)
CLAIM
Asserts that some water companies in Arizona lack investors, have not reinvested in infrastructure, are not up to code, and are bankrupt.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
