“A bill that would allow New Jersey municipalities to sell their public water utilities to private, for-profit corporations without putting the measure to voters is awaiting Gov. Chris Christie’s signature.
Many New Jersey municipalities have turned to privatization as a way to get quick cash infusions for their deteriorating water systems. According to the Environmental Protection Agency, the state would need $41 billion over the next 20 years to repair its water, stormwater and wastewater systems.
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About 300 of New Jersey’s municipalities, accounting for about 45 percent of the state’s population, have privately run water systems, according to the New Jersey Utilities Association, a trade group. In November voters in Camden approved the sale of their water system to New Jersey American Water, a subsidiary of American Water, one of the largest private water companies in the U.S. The state far outpaces the U.S. in water privatization; overall, only 13 percent of Americans are served by private systems.
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Nationwide, the privatization of water system is significantly more controversial. According to Food and Water Watch, the number of privately owned systems decreased 16 percent from 2007 to 2011, a reflection of some municipalities taking back control of their water systems.”
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