Utilities are holding back renewable energy? #electricitybill #renewableenergy #energy

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Utilities are holding back renewable energy? #electricitybill #renewableenergy #energy

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The issue is the cost of electricity. So what the utilities are basically doing is taking 20 years of deferred maintenance that now they have to do because they're burning down states and they're being forced to finally deal with it. They're taking all those costs, dumping them into the rate base. Rates are skyrocketing and they're blaming it on clean energy. So they are engineering a backlash against clean energy to slow it down. I don't think utilities think we won't get there, they just wanna own it all.

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RYD date created : 2024-10-03T19:14:19.155439Z
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electricity costs