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The Water Cooler
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Smart Meters, Yay!!!
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<blockquote data-quote="TJay74" data-source="post: 1572068" data-attributes="member: 5857"><p>Want to see what deregulation does, check out California and Texas. California as example is not even able to generate enough electricity to power their own state and has to buy it from other states at alot higher cost, which in turn costs the rate payers even more. They have had rolling blackouts over the years as well.</p><p></p><p>In my experience the only people that always scream about electric companies being a monopoly are the ones that dont pay their bills and then when the electric company is forced to shut off the service then they want to use another electric company. Like any other company will let you not pay your bill. The rates are set by the utility and have to be approved by the OCC before they can stay in effect. The franchise elections I think are every 25 years, those elections are city by city and basically vote to allow a particular utility to provide service to that city. if the residents of the city dont want a particualr utility to provide service they can vote no and have another uitlity come in, only bad is the start up costs would be astronomical for another utility to come in and take over.</p><p></p><p>Once again though, people assume that utility companies just have to continue to provide services without any regard to being profitable so any time a company comes out with ways to make sure we can not only take care of our customer, but also make a profit and not have to require undue rate increases onto the customers.</p></blockquote><p></p>
[QUOTE="TJay74, post: 1572068, member: 5857"] Want to see what deregulation does, check out California and Texas. California as example is not even able to generate enough electricity to power their own state and has to buy it from other states at alot higher cost, which in turn costs the rate payers even more. They have had rolling blackouts over the years as well. In my experience the only people that always scream about electric companies being a monopoly are the ones that dont pay their bills and then when the electric company is forced to shut off the service then they want to use another electric company. Like any other company will let you not pay your bill. The rates are set by the utility and have to be approved by the OCC before they can stay in effect. The franchise elections I think are every 25 years, those elections are city by city and basically vote to allow a particular utility to provide service to that city. if the residents of the city dont want a particualr utility to provide service they can vote no and have another uitlity come in, only bad is the start up costs would be astronomical for another utility to come in and take over. Once again though, people assume that utility companies just have to continue to provide services without any regard to being profitable so any time a company comes out with ways to make sure we can not only take care of our customer, but also make a profit and not have to require undue rate increases onto the customers. [/QUOTE]
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