It isn't just on the market or utilities. All of their prices are heavily regulated. Companies that produce baseline power are expected to make a set profit (no

It isn't just on the market or utilities. All of their prices are heavily regulated. Companies that produce baseline power are expected to make a set profit (no more or less) and the people lending them money and buying their stocks also expect a set return on investment. Any price increases have to be justified politically and the companies are expected to pay off previous investments and then return the majority of their profits to the shareholders. It is a case of an extremely conservative market being upended by rapid change. And the kinds of investments the grid needs to move to a majority renewable system are very different from what was needed in the past. Many of the best wind projects, for example, are located out in the middle of nowhere and require large transmission lines to bring them to the places that use the electricity. The distributed nature of solar and wind require more interconnections to bring in power from locations that have an excess of sun or wind to those that need the electricity. It is more difficult to keep these diverse sources of power synced so that the grid transports a steady amount of power at the right frequency, and that also needs more and different investments than in the past. It's not a simple matter of profit/loss, but of balancing a number of political considerations and a huge bootstrapping problem. I don't think any one company can handle this by itself.