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by bobsmooth 249 days ago
>cheaper electricity costs for the utilities means lower profits

You say that like it's a bad thing. Maybe electricity generation shouldn't be a profit seeking enterprise?

1 comments

I don't say it as a bad thing at all, I say it as a thing that's in contrast to the rest of the companies and proprietors and corporations we deal with. (And my last comment also hinted that I think it's time to reevaluate this social relationship with the utilities...)

Typically, if a person/corporation is clever and figures out a way to reduce costs, they are incentivized heavily to do so because they take the gains, at least for a while until others figure it out too and compete.

With utilities, they are actively incentivized to increase prices as much as possible. This is a crucial distinction for people asking why cheaper electricity generation methods are not resulting in cheaper utility bills: because the regulatory structure is not operating the way it should, and they need to get involved democratically to change the system!

Sounds like you're saying it's a bad thing.
Well I'm not. Which of my words are giving the other impression to you?