• FatCrab@slrpnk.net
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    4 hours ago

    Why are residential and critical infrastructure electric rates uncapped? Prices should not be allowed to be hiked. The material ability to produce the electricity is there no matter what and demand is functionally inelastic–this price hiking doesn’t cover any increase in cost of production, it just goes directly to utility company profit lines. We need to stop fucking negotiating with power companies.