As the article mentions, privatised water companies have built no new reservoir capacity and relied on drawing from rivers and other sources. What the article doesn’t mention is that pre-privatisation a new reservoir was built every year up to about 1960 and then every few years until privatisation in 1992. So we are about 30 years behind in adding capacity to the system. This combined with the inadequate levels of i…
Water companies will build new resevoir capacity, but since the extra money they already bill your for, for maintaining the infrastructure, has been paid out to shareholders, it will of course require an additional fee on your bill.
At least that has been my experience with everything privatized in the past couple of decades. The private investors scoop up every bit of value, and when it's time to pay the bill, it's the customers that must pay (again).
Fortunately we have regulations in place, but that doesn't help when all value has been siphoned from the company and all there's left is debt.