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Spooky23 3 days ago

In New York, the cheapest utilities by far are public utilities owned by municipal governments. Same in Massachusetts — I saved a fortune dropping some stuff in Holyoke.

Generation is pretty low intensity from an employee standpoint. I know you’re brainwashed to hate unions, but they have little to do with it.

AnthonyMouse a day ago | parent | next [-]

Generation is the thing where you don't even need the government to own the infrastructure. Just don't prevent anyone who wants to from building a power plant and then have the grid buy electricity from whoever supplies it at the lowest price.

It's the transmission and distribution which are the "natural monopoly" -- the government should own the utility poles -- but that's also a thing where there is a non-trivial amount of labor involved for tree trimming and storm damage etc.

Panzer04 3 days ago | parent | prev [-]

Cheapest to the consumer, maybe? What's the actual financial standing of said companies? Plenty of government-owned utilities require lots of propping to cover their losses.

Spooky23 3 days ago | parent [-]

The three I’m familiar with are cash cows. Electricity is regulated and the rates have to be supported by the business model.

The small operators are mostly vertically integrated in a small area, so they can deal with the capital buildouts and aren’t subject to as many swings in commodity cost. They often even own the utility rights of way, generating additional income and avoiding property taxes.

It takes alot of union workers and pensions to make up for the pay of one private CEO.