Do you know the Only State to Bring Everyone Power From a Public Grid

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DCal430

Diamond Member
Feb 12, 2011
6,020
9
81
Municipal Power has any advantages that help make it more efficient.

1. Its financing is all tax-exempt unlike private utilities which use taxable sources of financing.

2. It is exempt for all income and property taxes

3. It has the power of eminent domain, allowing it to build wires and plants where it wants to build without obstructions of so called private owners.

These things are part of the reason why municipal power is better.
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Private electric companies are terrified of municipalization, a few years ago the county near us tried to use immanent domain to seize the private electric companies assets in the county. The bonds used required voter approval, and the private company spent tens of millions to defeat it.

Well duh, wouldn't you be terrified if the state tried to annex and take you house?
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
You are right, they don't have the lowest but they are pretty low are they not? Did you read the part about how the money that pays for the electricity also pays for other things like infrastructure and education?

The point was, you can have a publicly ran utility and still have public input and that input pushes for new, better, and a smarter energy policy than one would get with a private system or the normal government sanctioned monopoly.

The question was, which no one has tried answering, was can this be done in more states, as in, what are the downsides?

How is it newer, better or smarter? Are you implying that private companies, which are overseen by a Public Utility Commission, do not pay for infrastructure? There is no evidence that going private is inherently costlier or dumber. Again, what is the point of your post?
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Municipal Power has any advantages that help make it more efficient.

1. Its financing is all tax-exempt unlike private utilities which use taxable sources of financing.

2. It is exempt for all income and property taxes

3. It has the power of eminent domain, allowing it to build wires and plants where it wants to build without obstructions of so called private owners.

These things are part of the reason why municipal power is better.

1. huh? what does that have to do with anything?

2. The facilities? So, less tax income into the pockets of the municipalities is good? Either way, it doesn't matter.

3. There's that eminent domain again. I realize your a pro-government, anti-Bill of Rights poster, but it sickens me to think you favor government coming in to seize your property.
 

Sonikku

Lifer
Jun 23, 2005
15,882
4,882
136
my sister had a public utility provider for electric in some town near rochester, ny. Her rates were a fraction of what i pay. A small fraction. Like the decimal place is moved over one.


Socialist!!!
 

DCal430

Diamond Member
Feb 12, 2011
6,020
9
81
1. huh? what does that have to do with anything?

It means it can borrow money at a much cheaper rate since investors who purchase bonds for things like power lines don't have to pay income tax on the earnings.

Those are just items that allows it to save money, and pass those savings onto the users.
 
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Matt1970

Lifer
Mar 19, 2007
12,320
3
0
Municipal Power has any advantages that help make it more efficient.

1. Its financing is all tax-exempt unlike private utilities which use taxable sources of financing.

2. It is exempt for all income and property taxes

3. It has the power of eminent domain, allowing it to build wires and plants where it wants to build without obstructions of so called private owners.

These things are part of the reason why municipal power is better.

You never cease to amaze.
 

ivwshane

Lifer
May 15, 2000
33,349
16,727
136
How is it newer, better or smarter? Are you implying that private companies, which are overseen by a Public Utility Commission, do not pay for infrastructure? There is no evidence that going private is inherently costlier or dumber. Again, what is the point of your post?

Well, find a privately owned power setup in a state with similar or lower power rates and we can look at the differences.

The point of the thread was in my very first post, second scentence, did you read it?