Jim, interesting short-sightedness.
Rate payers today enjoy the investments done with money from rate
payers of previous years, no?
Cor.

On Mon, Nov 21, 2022 at 5:05 PM jim--- via EV <ev@lists.evdl.org> wrote:
>
> David said:
> > Good luck with that.  Most of our "investor owned" utilities don't have a
> > good track record of even keeping up with current maintenance, much less
> > actually planning for the future.
>
> For the most part, at least here in California, the investor owned utilities 
> largely are not allowed to plan (or more accurately to spend) for the future. 
>  In really short summary, the concept is that rate payers today should not 
> have to pay for future projects.  That is an insanely simple explanation of a 
> very complex process, but it's a fairly accurate summary.
>
> As I understand it, most other states are at least similar.
>
>
> 73
> -----
> Jim Walls - K6CCC
> j...@k6ccc.org
>
>
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