Quote:
Originally Posted by redpoint5
If by outperform, you mean deliver the least value for the dollar than any other organizational institution.
I'm open to the idea of re-regulation, but the fact is that electricity nationwide has gotten cheaper over time. It was $0.18 / kWh in the 70s and steadily declined in cost to about $0.14 / kWh. Something appears to be working well there.
There do need to be tweaks made to the bidding process, especially in light of the fact that solar and wind generation is always incorporated into the supply and compensated at a price way higher than their bid, shifting cost onto the other generation sources.
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* As to 'performance,' America's Golden Age of prosperity occurred pre-deregulation.
* The metrics by which 'value' is evaluated would require specificity. There is no agreement nor consensus among economists as to what 'value' constitutes, nor how it would be quantified, which make our task challenging.
* We need to specify whether we're discussing 'price' or 'cost.'
* Consumer 'price' is what I experience as a consumer, in my case, what I pay my electric CO-OP for a kWh. $ 0.13. According to my CO-OP, non- CO-OP Texans pay $ 0.22/ kWh on average, for shareholder-owned provider- power.
* 'Cost' is more difficult to nail down ( somewhere at home I have some numbers ).
* Anyone exposed to climate science will be acquainted with the argument that, the price we've been paying since 1958, has in no way reflected what it will actually cost us, as 'goods and services' we've enjoyed free of charge are lost, one after another in the Anthropocene, as a consequence of 'cheap' energy, priced with dubious accounting practices.