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Shouldn't economies of scale dictate that the average price per person should go down (inflation-adjusted) rather than up though? I understand that adding capac
by piva00 6y ago
Shouldn't economies of scale dictate that the average price per person should go down (inflation-adjusted) rather than up though? I understand that adding capacity to support 9 million people and modern appliances over 17 years is a significant cost but when you average it down per capita I'd have believed that increases in productivity and technology would drive that figure down, not up.
- fat_pikachu 6y agoEnergy prices have outpaced inflation in that time frame despite productivity gains.
- u678u 6y agoI was going to suggest that the original hydro and nuclear has lower costs than newer plant, but there doesn't seem to be any hydro and nuclear is small so I can't say.
- Spooky23 6y agoNot necessarily. Electricity is driven by peak demand, and adding capacity takes time and is expensive.