Louisville Water Company is unique in that it resisted acquisition by 'for profit corporations' and can plow profits right back into improvements and maintenence. While those corporate owned utilities pay dividends to their greedy share holders instead.
A very true statement! Did you know that Louisville Water was started as a private water company and the City had to buy out those private shareholders around the turn of the century to gain control of the operation and maintenance? Interesting that they had the foresight to gain control! Great insight!
Louisville Water Company is unique in that it resisted acquisition by 'for profit corporations' and can plow profits right back into improvements and maintenence. While those corporate owned utilities pay dividends to their greedy share holders instead.
A very true statement! Did you know that Louisville Water was started as a private water company and the City had to buy out those private shareholders around the turn of the century to gain control of the operation and maintenance? Interesting that they had the foresight to gain control! Great insight!