Responses: 2
Issue is not "green" subsidies or taxes...it's about monopolization by private companies and outdated policies from 20th century.
https://www.vox.com/2015/9/9/9287719/utilities-monopoly
https://www.vox.com/2015/9/9/9287719/utilities-monopoly
Power utilities are built for the 20th century. That’s why they’re flailing in the 21st.
A simple guide to why utilities are sucking.
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CPT Jack Durish
Nope. Not buying that. Public utilities surrender their right to price gouge when they become monopolies. Prices are set by government agencies that allow a predetermined profit margin. The video is correct. Look at your bill. Taxes and fees (used to fund subsidies) are the drivers for inflation
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LTC Eugene Chu
CPT Jack Durish - Public utilities are slowing going away. "Investor owned" (private) companies are becoming the predominant utilities providing electricity. They keep charging more based on profit and aforementioned monopolies
https://prospect.org/environment/private-utility-companies-keep-merging-and-merging/
https://prospect.org/environment/private-utility-companies-keep-merging-and-merging/
Private Utility Companies Keep Merging and Merging
A reported deal between PPL and Avangrid would create an East Coast energy giant with over 13 million customers. That could be bad for ratepayers, and the climate.
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Energy is cheap, unless you live in an area that taxes it heavily and has a general high cost of living.
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