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My utility is now owned by a hedge fund
(lemmy.world)
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this post was submitted on 22 Feb 2024
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A Boring Dystopia
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I'm certain they'll lower prices, improve customer service, and invest in clean energy initiatives.
Seriously though, I'm part of an electric co-op with a utility manager that has been arrested for dui, convicted of beating his ex-wife, and on top of that stuff he used to flip me the bird every time he drove past our house simply because I had to call the Public Service Commission to get the utility to trim the tree above the power lines. I still wouldn't take a private equity firm though.
I would never consider doing business with a morally bankrupt monster like that. Your utility manager on the other hand sounds like an interesting fellow.