Row 65444

Row ID: 65444 | Dataset Entry | Axioma AXP Content Repository

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Look utilities are actually run in the most efficient way possible. They are by definition capped on how much profit they can make unlike any other industry, and that is set by the public utility commission that set prices for everyone based on cost plus minimal profit. Investors know how much profit they will get but the profit margin cannot increase arbitrarily like all other companies. So I don’t think this is a very, very good example. We want utilities to be monopolies because of the intense decade long infrastructure and public need of providing energy to critical assets. And we want the state to set prices at the lowest possible rate, taking into consideration the literal costs spent, confirmation those costs were judicious, and with awareness that the lowest possible rate includes envisioned low cost future energy from renewables so they have to upgrade their reg to renewable.

On the contrary, I wish Internet companies were treated the same way as water and energy utilities.

FieldValue
text Look utilities are actually run in the most efficient way possible. They are by definition capped on how much profit they can make unlike any other industry, and that is set by the public utility commission that set prices for everyone based on cost plus minimal profit. Investors know how much profit they will get but the profit margin cannot increase arbitrarily like all other companies. So I don’t think this is a very, very good example. We want utilities to be monopolies because of the intens…
label r/news
dataType comment
communityName r/news
datetime 2024-05-23
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Raw Record

{
  "text": "Look utilities are actually run in the most efficient way possible. They are by definition capped on how much profit they can make unlike any other industry, and that is set by the public utility commission that set prices for everyone based on cost plus minimal profit. Investors know how much profit they will get but the profit margin cannot increase arbitrarily like all other companies. So I don’t think this is a very, very good example. We want utilities to be monopolies because of the intense decade long infrastructure and public need of providing energy to critical assets. And we want the state to set prices at the lowest possible rate, taking into consideration the literal costs spent, confirmation those costs were judicious, and with awareness that the lowest possible rate includes envisioned low cost future energy from renewables so they have to upgrade their reg to renewable.\n\nOn the contrary, I wish Internet companies were treated the same way as water and energy utilities.",
  "label": "r/news",
  "dataType": "comment",
  "communityName": "r/news",
  "datetime": "2024-05-23",
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