State regulators vote to keep utility profits high angering customers across CA

Re:State regulators vote to keep utility profits high angeri... by danans on Monday December 22, 2025 @06:10PM (#46360337)

Without the private sector utility company, there wouldn't be a mechanism to raise funds from and pay profits to shareholders.

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Re:State regulators vote to keep utility profits high angeri... by xboxnolifes on Monday December 22, 2025 @06:16PM (#46360391)

Sure there would be; raise funds: tax, pay profits: reduce tax / tax breaks. The real differentiator is in the ability to choose who your shareholders are with less scrutiny.

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Re:State regulators vote to keep utility profits high angeri... by danans on Tuesday December 23, 2025 @12:10AM (#46362612)

I tend to agree, but that's a collective decision and action problem, which we have difficulty with as a society today.

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