3 ms·
insisted that repricing was illegal and potentially harmful to ratepayers Is this really illegal? Even if it is, how can someone say it is harmful to ratepayer
by akudha 6y ago
insisted that repricing was illegal and potentially harmful to ratepayers
Is this really illegal? Even if it is, how can someone say it is harmful to ratepayers with a straight face?
- microtherion 6y agoI wouldn't want to opine on "illegal", but, as much as I'm skeptical of privatized energy markets, it's not outlandish to think that if you're dealing with a counterparty that has the ability and inclination to change prices retroactively, you're probably going to add some extra margin up front to compensate for that risk, and on balance, it's not a given that the counterparty is better off.