Originally Posted by
bombermwc
Yes, but here's my catch. Don't pass the cost on to the consumer. In any other business venture, you can't just pass off things like this to the customer. That's because the customer has options and will simply go to the next company for the widget. In utilities, we're stuck. Personally, I feel like OG&E should have to take out a loan to pay for the new non-coal plant and work to pay that off over 30 years just like any other company that has to make a large investment in their own infrastructure. They want to be able to charge customers directly for the thing, but of course, the rate will NEVER decrease. When was the last time you saw the rate decrease from something they built? By the time they say the plant is paid for, then they will just say that the rates need to stay the same because of higher operating costs.
Sometimes I really feel like the power companies should be taken over by federal management and turned into non-profits. Streamline the administration, better balance the market, and remove profit centric views from the service they provide. Seems to work well for every city in the U.S. that provides their own water service and power touches everything water does.
Bookmarks