The Objective Facts Behind Elorza’s Plan to Sell Providence Water
Posted on May 6, 2018
By Providence Rules
A project on transparency in government, regulation, law and politics.
Created by Johanna Harris.
Providence Mayor Jorge Elorza’s plan to monetize the city’s water supply is ideal material for a four-part mystery series with a twist ending.
In part one, entitled Status Quo, the Rhode Island Public Utilities Commission keeps the lid on the rates charged by Providence Water, constraining the utility to earn a zero rate of return. (Yes, zero.) So it’s a mystery why any potential buyer of the city’s water supply would have the remotest incentive to do so.
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