It seems foolish to buy the water system if rates will go up!

A:

It would be foolish not to.  Rates are guaranteed to go up under GSW ownership but we have a chance to control the increase if we own the company. Demand for water is increasing as population grows, and California is experiencing prolonged drought.  We cannot survive without water and our future must not be under the control of a private monopoly that doesn’t have our best interests at heart, and which the CPUC is not effectively regulating.