Yeah, publicly owned power isn’t all up-sides. In my state the government owns the power company, and for a long time we’ve had the most expensive power in the Country. That only changed when the invasion of Ukraine caused gas prices to skyrocket (because my state extracts huge amounts of gas, and the government gets it at a fixed price).
Yeah, publicly owned power isn’t all up-sides. In my state the government owns the power company, and for a long time we’ve had the most expensive power in the Country. That only changed when the invasion of Ukraine caused gas prices to skyrocket (because my state extracts huge amounts of gas, and the government gets it at a fixed price).
I’m not an expert on this field, but there has to be a way to structure a power company as a non profit, or just around sustainable growth.