• RION [she/her]@hexbear.net
    link
    fedilink
    English
    arrow-up
    53
    ·
    1 year ago

    Price setting by an unaccountable private entity with every incentive to keep prices high

    vs.

    Price setting by a slightly less unaccountable public entity with every incentive to keep prices low

    Which way, American boomer?

    • BodyBySisyphus [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      18
      ·
      1 year ago

      with every incentive to keep prices low

      I don’t know about that - regulatory capture is a problem. Public services commissions that are responsible for regulating private energy companies tend to have a strong reputation of rubber stamping rate hikes.