2011 Referendum on water: results obtained after seven years

On June 2011 Italy held a referendum on a number of questions, including two that dealt with the repeal of recent laws on the privatisation of water services: 1) Repeal of the methods of assigning and managing local public services of economic importance; 2) Partial repeal of the norm for the determination of the integrated water service tariff based on the adequate remuneration of the capital invested. This second question, approved with 95.80% of the votes, prevents private water services to determine water tariffs based on the initial capital invested in the service. In short, with the repeal of paragraph 1 of article 154 of Law 152/2006, the "return on invested capital" will no longer be explicitly envisaged as a component of the final cost of the water services that the citizen pays in the bill. [...]

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#ENG #WaterReferendum #Rome #Naples #Palermo #Turin #Florence #Publicwater

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