Finding the Right Price for Water

Source: Bourree Lam, The Atlantic, March 24, 2015

Economists say that the resource is currently too cheap. Will dry conditions finally help give the issue the political clout necessary to charge more? … Currently, water pricing is largely based on delivery—that is, the cost to get water from the source to the consumer. In some parts of the country, consumers are not even paying the cost of delivery while in other places, such as Sacramento, some houses don’t even have water meters. …