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The usual way to this would be to have the power company charge what they need to, then provide a subsidy to low income consumers to help offset the cost. It i
by xyzzy123 3y ago
The usual way to this would be to have the power company charge what they need to, then provide a subsidy to low income consumers to help offset the cost.
It is super weird to make the power company responsible for administering social policy.
- readyman 3y agoThe only proper way to do this is to appropriate the grid and socialize it. There are zero acceptable excuses for privatizing an energy grid. The only reason it's done is to create another permanent monopoly to exploit the public for unaccountable profits.
- lazzlazzlazz 3y agoOne of the biggest reasons monopolists are a problem is that they can exploitatively price and charge as much as possible from each customer, minimizing the consumer surplus. Kind of like the state of California is trying to do here.