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A comment on Texas Electric Bills Were $28B Higher Under Deregulation. Parent comment

Re:Texas Electric Bills Were $28B Higher Under Deregulation by CaptainZapp on Wednesday February 24, 2021 @09:49AM (#26250394)
> Then, the market should take over, to optimise for price (== profit)

The problem with that is that it's far more attractive for a private entity to book profits, instead of investing into their infrastructure.

Thinking about it, the Texas disaster seems to be quite a nice illustration of that.

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Re:Texas Electric Bills Were $28B Higher Under Deregulation by tomp on Wednesday February 24, 2021 @09:52AM (#26250434)
So the metrics should measure the quality of the infrastructure and regulation should reflect that.

Without the proper metrics, there’s no guarantee that the government will invest in infrastructure either (instead of, say, corruption - paying outrageous amounts of money to friends&family for subpar service).

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