How is a Privately Owned Water System defined?

A privately owned water system is defined as a public water system owned by private investors. This definition highlights the ownership structure rather than the service delivery method. In this context, "public water system" refers to systems that provide water for human consumption to at least 15 service connections or serve an average of 25 individuals daily for at least 60 days a year. Even though the system is classified as “public” because it supplies water to the public, it is financially and operationally controlled by private investors or entities.

This differentiates it from systems that may be owned by government bodies or entities, which focus on providing service primarily without profit motives. Additionally, it clarifies that such systems aren't limited to serving only industrial clients or framed as non-profit, as those characteristics would not pertain to the definition of a privately owned water system. This reflects the broader understanding of water systems in the context of ownership and service framework in Indiana and other regions.