Humpy
Diamond Member
- Mar 3, 2011
- 4,464
- 596
- 126
I know more about the US electrical grid/power plants than you'll ever know as I have been involved with many genset installations and upgrades over the last 25 years.
That's badass and neat!
I know more about the US electrical grid/power plants than you'll ever know as I have been involved with many genset installations and upgrades over the last 25 years.
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.
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?
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.
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.
1. huh? what does that have to do with anything?
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.
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 duh, wouldn't you be terrified if the state tried to annex and take you house?