Not true at all. Public utilities are granted a monopoly, on the stipulation that profits are capped to a certain percentage.
The power companies will simply charge more for electricity if maintenance becomes more expensive. (which is why they don't mind at all being forced to buy renewable energy credits... They just pass the extra cost on to you!)
Hey man, if yoi know differently, enlighten me! To the best of my knowledge, the whole point of a PUD was to regulate public utility revenues.
Why wouldn't the power company be able to argue to the PUD that the cost of power distribution is higher due to not using Chinese parts, and then argue that it needs to be allowed to have more revenue?
Why wouldn't the power company be able to argue to the PUD that the cost of power distribution is higher
They definitely can and they do. They can also be denied and that denial does nothing to reduce the demand. To meet the demand they look for other ways to cut costs.
Look no farther then our world class infrastructure that has been faithfully and properly maintained to the highest standards because municipalities only need to point out that they need more money for maintenance.
What possible reason would they have to use lower cost foreign materials, parts or labor when they could just raise prices on services and pass the cost along to the customers? Sounds like a win for almost everyone involved in the decision.
Not true at all. Public utilities are granted a monopoly, on the stipulation that profits are capped to a certain percentage.
The power companies will simply charge more for electricity if maintenance becomes more expensive. (which is why they don't mind at all being forced to buy renewable energy credits... They just pass the extra cost on to you!)
I guess I misunderstood the last 25 years working with my local PUD. My Bad.
Hey man, if yoi know differently, enlighten me! To the best of my knowledge, the whole point of a PUD was to regulate public utility revenues.
Why wouldn't the power company be able to argue to the PUD that the cost of power distribution is higher due to not using Chinese parts, and then argue that it needs to be allowed to have more revenue?
They definitely can and they do. They can also be denied and that denial does nothing to reduce the demand. To meet the demand they look for other ways to cut costs.
Look no farther then our world class infrastructure that has been faithfully and properly maintained to the highest standards because municipalities only need to point out that they need more money for maintenance.
What possible reason would they have to use lower cost foreign materials, parts or labor when they could just raise prices on services and pass the cost along to the customers? Sounds like a win for almost everyone involved in the decision.