| ▲ | throw0101c 4 days ago | |
> This is great news. If costs climb rapidly, homeowners will switch to […] And what about renters (who are, in the US, often the poorer)? Electricity is an input to industrial and commercial operations, so if companies see their costs rise, they will probably raise prices to maintain margin: this will feed into higher prices everywhere (all goods and services). | ||
| ▲ | ViewTrick1002 4 days ago | parent | next [-] | |
They would be forced to pay even higher energy costs if they had to also compete with all these homes which now relies less on the grid. | ||
| ▲ | thelastgallon 4 days ago | parent | prev [-] | |
> And what about renters (who are, in the US, often the poorer)? Then the apartment owners have another revenue stream, build a mini-grid and offer electricity cheaper than the grid. They already do many add-on services for additional revenue: garages, trash pickup, etc. > Electricity is an input to industrial and commercial operations, so if companies see their costs rise, they will probably raise prices to maintain margin: this will feed into higher prices everywhere (all goods and services). All production will continue to move to China, which has built and continues to build vast amounts of cheap electricity and infrastructure. | ||