Originally Posted by
TheDemonLord
I think wasting ratepayers money falls firmly under Policy and Finance
Now, before I talk about this - There is a case to be made that Electricity is a natural monopoly - the main issue that would drive price up or down is the generation of Electricity - and that is something that represents a large-scale project.
So, after reading through the document provided by pete376403 - there were 3 things that jumped out at me:
1: It doesn't really talk about Power Generation - there is literally one line in it - where it correctly points out that you can't really have competing Generators of Electricity that can be bid on. I'll expand on this in a moment
2: It doesn't reference that since the 1980s the prevalence of Electronic devices in the Private home has significantly increased - You'll note from the graphs they provided that Commercial costs decreased (More efficient commercial power usage) and Industrial stayed about the same, with a slight decrease - but Residential has gone right up - think of all the electrical devices that have come into our homes since the 80s - Computers, Air Conditioning, Devices of every shape and flavor - The residential house of today has significantly more draw required than the house of the 80s.
3: Migration and increased population - More People, More Power - simple as.
But getting back to Generation for a moment - I had a look from Wikipedia about Power Generation in NZ - I see a lot of new power stations being built in the 70s and 80s, and lots of 'green energy' generation being built from the 2000s onwards.
What we have seen in Europe when we compare France and Germany is that France (who kept their Nuclear power generation) has done a lot better than Germany that opted for the 'green' route. Green electricity generation has it's own set of unique problems - and one of them (excluding Geothermal) is that it isn't reliable - No wind or no Sun? No power.
The paper asserts that all of these increases of costs are due to the evil shareholders rubbing their hands with glee, whilst trying to screw over the...
Wait a minute... I've heard this before...
Let me check...
Oh...
Ah, that explains it.
And for bonus points - they are doing the ol' Social Democrat Switcheroo.
Now - all of this isn't to say that the example you give doesn't have some valid points - as I've acknowledged, I think power generation is a natural monopoly, you cannot have multiple competing generator plants that sell to a bidder to keep prices down - it simply doesn't work. So from that view - there's a point at which I agree that privatization of the Electrical grid is somewhat of a fools errand - I say somewhat because there are other improvements - such as the time it takes to get a house connected.
However, it's also to say that there are other factors which weigh more heavily on the cost of power - those being our attempt to transition to renewable energy sources that are not as reliable as non-renewable sources, the increase in our population and the increase in demand for power.
Blah blah blah. None so blind... You claim an IQ of 130 but you have long consistently operated at marginally above half that. Sorry, I'm just tired of your intentional idiocy.
There is a grey blur, and a green blur. I try to stay on the grey one. - Joey Dunlop
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