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Environment & Energy

KT2000

(20,912 posts)

1. investor owned utilities

Reply to SarahD (Original post)

Thu Jun 6, 2024, 03:09 PM

Jun 2024

should not be allowed at all. The incentives are to increase costs to customers as much as they can. Private equity firms are some of these investors. When capital projects are pursued, is the business steered to other holdings of the private equity firms? Enticements for investors are assets (capital improvements) and revenue (screwed customers). What then is the point of a utilities commission?

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duckworth969 I_UndergroundPanther

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Highlight:

I keep saying we need to get nukes away from investor owned utilities. [View all] SarahD Jun 2024 OP

investor owned utilities KT2000 Jun 2024 #1

So true. SarahD Jun 2024 #2

Same here KT2000 Jun 2024 #3

Is it Cascadia? SarahD Jun 2024 #4

Yes KT2000 Jun 2024 #5

Yes. Vicki is cool. SarahD Jun 2024 #6

Me too!! KT2000 Jun 2024 #7