Lots of threads lately about power utilities making bad decisions and barriers to starting public utilities, indirectly which can lead to fires and home loss.
If the privately owned utilities are left to their own devices when solar comes in and eats their lunch, expect more "climate change driven disasters," right?
Don't forget about regulatory capture too. If Idaho Power (e.g. because they're in a republican state with a bunch of wildfires lately) fails or is culpable for billions caused by fires by their lax equipment, someone will bail them out -- probably the tax payer.
If the tax payer is ultimately on the hook, then the tax payers should own the utility.
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Lots of threads lately about power utilities making bad decisions and barriers to starting public utilities, indirectly which can lead to fires and home loss.
https://news.ycombinator.com/item?id=42971311
https://news.ycombinator.com/item?id=42975492
If the privately owned utilities are left to their own devices when solar comes in and eats their lunch, expect more "climate change driven disasters," right?
Don't forget about regulatory capture too. If Idaho Power (e.g. because they're in a republican state with a bunch of wildfires lately) fails or is culpable for billions caused by fires by their lax equipment, someone will bail them out -- probably the tax payer.
If the tax payer is ultimately on the hook, then the tax payers should own the utility.