Submitted by oceansofmyancestors t3_yopgpy in massachusetts
JoshSidekick t1_ivgv3vv wrote
Reply to comment by Imaskeet in Why is National Grid increasing rates by 64% by oceansofmyancestors
> can't do that while giving you electricity for free/at a loss
All the other information, while relevant, not withstanding, would it count as free or at a loss if they only made 2 billion in profits instead of 4 billion, or are us customers the only ones who should suffer the burden?
CosmicQuantum42 t1_ivhykx0 wrote
Are you willing to work for half your salary?
Even if your hypothetical was true, profit is a critical part of the operation. Why would anyone bother to provide electricity otherwise?
JoshSidekick t1_ivi17wk wrote
Because it’s an essential resource? And I never said cut salaries. Maybe cut costs to customers instead of increasing dividend payouts. And I’m not even saying cut dividend payouts. Just don’t increase them.
CosmicQuantum42 t1_ivi43oc wrote
Whatever you do (presumably you are asking for government action) will just make the economics of delivering natural gas and electricity to consumers less attractive. I don't really want any part of that.
JoshSidekick t1_ivjson4 wrote
Why not? UPS and FedEx are successful and they have the Post Office, right? People that want to send a letter for $0.50, they can, and the people that want to send that same letter for $13 can also.
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