Paying fair market price for energy and water is only fair if you don't need extra infrastructure put in place to support you. If you're expecting the local government to build you electricity generating capacity... No. That's not right.

At best, you're forcing old generation capacity that would have been retired to stay online. At worst you're forcing the government to take loans to invest in new capacity you may not be around to pay for in a few years, leaving the public finances holding the ball.