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this post was submitted on 19 Oct 2023
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politics
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Our grid desperately needs it, but I have to wonder how much of this is ultimately tax payers paying for the stuff power companies should have been doing for decades. If this is another example of privatizing profits and socializing losses.
Not only that, the power companies are double dipping. Look at your bill sometime, my bill specifically has a rider for grid enhancements. It's buried in there, but I bet yours does too.
The answer is $3.5 billion.
Have a family member in renewable installation and if the local power company around me is any indication, they're gonna take the money, then charge the consumers to do what the money was supposed to be for.
Ah yes, the successor to the let’s get everyone on the broadband wagon with government assistance
You forgot the crucial bit: then not do any of it and pocket the money from both.
Should have been doing? Why? By the way its actually profitable when your power goes out. Only the state can hold them accountable, aaaaand finally the state is doing what they should have been doing for decades. Why? By the way its actually politically advantageous to kick the can down the road rather than give voters what they asked for. Biden just has nothing left to lose except his legacy, and I suppose the next election. But people will remember this dude.
They could have but only if you were willing to have higher bills. These companies are not showing profits and real higher than average. Ultimately we need to pay for it.
BTW, using tax dollars is now free money either. That comes from somewhere so either our tax rates increase or some services are cut.
Where do you think the money comes from?