Someone has to pay the billionare’s bills
Here’s the crux of the article for you.
In just two years, starting in 2022, residential electricity prices rose by 10%, while commercial prices increased by only 3%, and industrial electricity prices fell by 2%.
But why is it this way? Why wouldn’t they want to charge both groups more for a higher profit margin?
Wouldn’t want to upset corporate overlords.
I don’t get it either. Electricity providers have a monopoly based on location. It’s not like I get to choose whose wires I want to hook up to, there’s one choice. So why would the power company choose to give anyone a deal? I get that during the planning stage they could be courting various locations but still I don’t really get it.
The company that maintains the lines is typically not the same company that generates the power. That’s why you can shop for electricity providers.
The working class get the ‘get fucked’ tax on top of the costs. Companies get cheap power to make more money.
I’d like to see this graph with the EU power costs. I pay AVG € 0,27 per kWh now. Used to be € 0,20 before the attack on Ukraine began. That’s a 35% increase.
It’s what the maga working class voted for. That, and cruel deportations.
