this post was submitted on 11 Feb 2025
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[–] Cataphract@lemmy.ml 3 points 6 hours ago (1 children)

I live in an area where there is a monopoly of power supply by one of the worse polluters in American history, in a small area within a county there's an existing co-op power company that was basically grandfathered in because it's been in existence for so long while no other competitors are allowed in the area.

That co-op when I lived in the area was about half the cost of the monopoly company, a relative gets actually paid to be a member because they received their fathers account when he passed away and extra funds are distributed among all the members based on how long they've been with them (a little weird, but at least better than shareholders getting the profit).

You are absolutely right that the electric companies as a whole have failed, they've been allowed to amass too much influence and coverage while squashing any kind of competition. Why electrical needs aren't considered a national resource is mind baffling to me. Our country and citizens way of life would literally grind to a halt without it.

[–] Squizzy@lemmy.world 3 points 3 hours ago

Infrastructure should be public, with regulated access for wholesale and retail. It works. The grid operator needs to make money for large scale projects like interconnectors, modernising, maintenance and build.