I currently work for a privatised utility and have done so for a number of years. The market in which company operates includes a mix of utilities with public and private ownership, with all utilities regulated by an independent regulator. Part of the function of the regulator is to prepare benchmark reports comparing the operating and cost performance of all utilities.

In all cases, the privatised utilities outperform their publicly owned peers. The privatised utilities outperform on price, service, reliability and safety - continually. Based on these outcomes I consider that privatisation of essential services will deliver superior outcomes along side a strong economic regulator independent of political interference.