• 👍Maximum Derek👍@discuss.tchncs.de
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    1 year ago

    Our grid desperately needs it, but I have to wonder how much of this is ultimately tax payers paying for the stuff power companies should have been doing for decades. If this is another example of privatizing profits and socializing losses.

    • 0110010001100010@lemmy.world
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      1 year ago

      Not only that, the power companies are double dipping. Look at your bill sometime, my bill specifically has a rider for grid enhancements. It’s buried in there, but I bet yours does too.

      The Public Utilities Commission of Ohio in Case number 23-169-EL-RDR on August 9, 2023 approved an adjustment to Ohio Power Company’s Enhanced Service Reliability Rider rate effective with this bill. A residential customer using 1,000 kWh of electricity will see an increase of $0.28 per month.

    • ZeroCool@feddit.ch
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      1 year ago

      but I have to wonder how much of this is ultimately tax payers paying for the stuff power companies should have been doing for decades.

      The answer is $3.5 billion.

    • agitatedpotato@lemmy.dbzer0.com
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      1 year ago

      Have a family member in renewable installation and if the local power company around me is any indication, they’re gonna take the money, then charge the consumers to do what the money was supposed to be for.

    • Franzia@lemmy.blahaj.zone
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      1 year ago

      Should have been doing? Why? By the way its actually profitable when your power goes out. Only the state can hold them accountable, aaaaand finally the state is doing what they should have been doing for decades. Why? By the way its actually politically advantageous to kick the can down the road rather than give voters what they asked for. Biden just has nothing left to lose except his legacy, and I suppose the next election. But people will remember this dude.

    • Zippy@lemmy.world
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      1 year ago

      They could have but only if you were willing to have higher bills. These companies are not showing profits and real higher than average. Ultimately we need to pay for it.

      BTW, using tax dollars is now free money either. That comes from somewhere so either our tax rates increase or some services are cut.

      Where do you think the money comes from?