4 ms·
If it’s a public municipal utility, any dividend in lieu of price reductions, should go to the local government, not the individual residents. The local govern
by dahdum 8y ago
If it’s a public municipal utility, any dividend in lieu of price reductions, should go to the local government, not the individual residents.
The local government could then issue out checks to everyone if they want, but more likely it would go towards general budget and benefit everyone.
- JamisonM 8y agoI wouldn't be fussy about the rebate mechanism but funding a government based on energy prices can also be a tricky business - but even a poorly managed local government subsidised by energy exports is far better than local energy consumption subsidised by energy exports.
- dahdum 8y agoYes, nonzero chance they'd sell off the revenue stream for pennies on the dollar to some private financiers to stopgap irresponsible deficit spending. See Chicago for an incredible example of this: https://chicago.suntimes.com/news/parking-meters-garages-took-in-156m-but-city-wont-see-a-cent/ https://chicago.suntimes.com/news/parking-meters-garages-too...