The problem with water is that it is priceless. We had the same problem with energy. We tried to distribute it “fairly” and ended up with shortages. When people have no incentive to figure out better ways to use something, they just don’t bother.
reference – http://www.wsj.com/articles/californias-water-woes-are-priceless-1429051903?mod=hp_opinion
John Matel's Memorial Blog