Because they’re hooked to hot water heaters. The “cold” water is just the temperature of the water that runs into your house from your well, water tower, or city water connection. That’s why it’s colder in the winter and warmer in the summer.
They do make water coolers you can add to your system to make it dispense cold water, but it’s an extra expense, and an extra thing that could leak or break, and an extra tank where mold or mildew could grow and contaminate your water.
Your tap is just a valve, opening a pipe that leads either to the water supply from the mains or to a water heater which is fed from the mains. You have a device which provides a reservoir of heated water which you can open on demand but you don’t have a device which maintains a supply of chilled water to open. Instead there is just water which is room-temperature or whatever the temperature of the ground is (which is surprisingly stable).
Heating water and cooling water require different processes. Most buildings only have a water heater, and the “cold” water is really just the ambient temperature of the water sitting in the tank/pipes. It’s totally possible to make water colder, but it’s expensive and not usually worth all that fuss/infrastructure when you can just add some ice.
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