• zewm@lemmy.world
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    7 months ago

    The problem is that that’s not what politicians want tho. Unless the have stocks in the company providing the hardware.

  • blarghly@lemmy.world
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    7 months ago

    This doesn’t make utilities cheaper. Utility prices are almost universally set, in one way or another, by the government. If the government wants to lower utility prices, they can do so easily by just voting.

    This ignores the issue of how we actually pay for the actual cost of utilities. That’s a whole other thing. But long story short - NO, you should not expect utility prices to come down if your government builds solar capacity.

    • UnderpantsWeevil@lemmy.world
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      7 months ago

      Utility prices are almost universally set, in one way or another, by the government.

      Eh. They’re supposed to be set by the government. But of late, governments have outsourced regulatory authority to auction markets. And that’s created ample opportunity for price fixing and arbitrage. Texas’s ERCOT system is a great example. During peaks in demand, gas plants will coordinate delayed production of energy until the auction price of electricity exceeds several hundred dollars a Mwh. Consequently, they can burn a limited amount of gas and generate an enormous windfall, while coal and nuclear plants generate a constant base load at much lower rates over the course of the week, month, and year.