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by r00fus
491 days ago
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Hopefully what's dying is the concept of privately owned utilities. Everyone knows that, unless they're properly regulated, these eventually turn into a rent-seeking behemoths that corrupt the government (or vice-versa). However, what will likely happen is that these private utilities will see the writing on the wall and instead do what PG&E is doing in CA and just start charging "transmission fees" to keep their rates even higher despite massive daytime solar abundance. Everywhere there is state/municipal owned utilities it's almost always considerable cheaper than private. |
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Not everywhere, it's really the regulation that matters, not just the ownership - here in Alberta we've got a market where we get municipally-owned utilities where we still get high rates comprising of energy fees + transmission fees + distribution fees.