08 Wastes of the electric company

Living Off the Grid in the City Podcast. Electricity companies have the obligation to grow in size and finances to satisfy their investors and obtain positive profitability. To achieve this, they must increase their size and sell more energy. However, in their quest for growth, power companies often become lazy and wasteful, passing increased operating costs onto their customers. In addition, they push for more energy to be used, encouraging lower efficiency on the part of consumers, and demanding less diversity of energy sources. These practices are carried out through the influence of the electric company in laws, advertising and propaganda. Companies sometimes grow by purchasing smaller electric companies, when they cannot expand into newly developed areas; where another electric company or electric cooperative already exists.

Hector Vladimir 2024©

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