Water Conservation Pushes California Prices Up

July 28, 2015

A basic rule of economics is that if less of something is sold, either costs must be cut, or prices must be raised – something Californians now face with the price of water.

Moreover, soaring prices are also contributed to by high demand in a time of low supply.

San Diego officials presented a proposal to raise rates by about 17 percent next year, The San Diego Union-Tribune reports.

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