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Virginia went all in on solar. Then its powerful utility changed the rules. After Dominion Energy required expensive upgrades, many solar projects were put on hold. (wapo.st)

submitted 5 months ago by [email protected] to c/[email protected]

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[–] [email protected] 18 points 5 months ago (2 children)

I don’t understand why people think privatization will improve services. Literally the concept of privatization is to enable system to maximize profits. Why is there this fantasy that more profits means better service for you?

[–] [email protected] 8 points 5 months ago

It can work where there is real competition. For natural monopolies, not so much.

Usually it happens because the state wants to sell off family silver to make some short term cash :(

[–] [email protected] 6 points 5 months ago

Because the trusting masses were sold the lie that the free market and trickle down economics would bring them wealth.