4 ms·
> My understanding is that ratepayers are the ones who are going to be funding this project, not the shareholders. I think that's the deal, though. Utility inv
by dehrmann 5y ago
> My understanding is that ratepayers are the ones who are going to be funding this project, not the shareholders.
I think that's the deal, though. Utility investors buy utilities knowing their rates are regulated and there's limited growth in exchange for stability. When the cost of providing electric changes, whether it's because wholesale prices increase or a new cost emerges (burying power lines), ratepayers are on the hook. The key is allocating the costs correctly. Burying major transmission lines (if this is even needed) should be shared, but local lines need to be paid for by local communities. Owning a cabin is fine, I just have no interest in subsidizing its power because it's in a fire risk area.