R
Ridgerunner
Guest
I absolutely agree with your assertion that this administration’s (admitted) policy will hurt the poor most of all.More reason for the population as a whole to reject public utilities because cheap rates for a select few cost the general population who does not see the benefit of these lower rates.
The City officials will tell anything that makes their case to feed the monster which is government. The salaries of CEO’s do not make the rates more expensive; that is myth.
Let’s imagine our CEO of the company I work for makes $20 million after all salaries and stock options (BTW, he doesn’t make that much). We serve over 7 million customers, residential and commercial.
Do the simple math, annually that casts the customer $2.86 each. If you want to take it further, $.24 /month/ $.0079 per day. President Obama’s cap & trade regulations, fashioned after the legislation that he couldn’t get passed with a House and Senate controlled by democrats, will cost customers much much more than all the utility CEOs salaries put together. That is fact. Who do you think will be hurt the most? Business? How will business be hurt, all corporations do is pass through costs like this to the customers. The elderly and the poor will suffer under these regulations. I may cut back some usage so my now $250 a month bill doesn’t go to $500; but what about the little old lady down the street that now uses as little as she can so her bill is under $100? How will she pay it when it climbs without an increase in usage to $200? Answer, she won’t, she will have to do without and many sheeple will blame the utility. All in the name of a theory called man made climate change. A theory that many scientists believe is based on inaccurate, at best, models; at worst manipulated lies in the data to promulgate ideology.
I guess this is just more unpleasant rhetoric. They can call me a denier, or a partisan hack (btw way I am neither a rep or a dem), but in the long run I am a simple deacon who ministers to the people these regulations will hurt, the same people who have been hurt by the last decade of government actions. As for the future, our kids and grandkids will suffer more than us for these decisions.
Sometimes publicly owned utilities can be a good thing, sometimes not. In the city where I live, water and electric are publicly owned. But the electrical is deceptive since the city buys its electricity from a large privately-owned company, adds to it and charges the result to the customers. It’s very efficiently run and the rates are fairly comparable to anywhere else except the high-cost places. The deal is that the city buys power more cheaply from the big utility company than consumers do. That’s not an outrage because the city is cheaper for the big company to administer (one big customer that does its own collections, installations, disconnects, and owns and maintains its own infrastructure within the city).
But no matter what, Obama’s actions will cause it to be more expensive. Most of the power plants for “big electric company” are coal-fired. Why? Because their power plants are located right smack in a coal-producing area. It’s efficient. They’re not too far away from the big gas transmission lines coming from Texas and Oklahoma, but it would take some new, privately financed infrastructure to get it there.