Re:US utilities plot big rise in electricity rates as data c...
by TFYS on Friday July 11, 2025 @03:34AM
(#44529326)
> They exist to serve their customers.
No, they exist to serve the capital that owns them. If they get more profits by serving fewer customers and reducing quality of service, they'll do it. If it could operate at 0 profit but serve every customer with high quality service, it would not get done.
No, they exist to serve the capital that owns them. If they get more profits by serving fewer customers and reducing quality of service, they'll do it. If it could operate at 0 profit but serve every customer with high quality service, it would not get done.