Electricity/Power Utilities are more entrenched, corrupt, and wasteful than most elected governments but unless you work with them you would not know. In regulated states where they are granted a monopoly, they are normally the top or in the top 3 of lobbying funding. It’s gross and wish more people understood, but it’s really just incentives playing out over time. We need to have more market competition (ignore the lobbyists telling you the grid will fail without the utilities keeping their monopoly). I expect electricity prices to play a significant factor for inflation going forward, since new power plants are needing to be built for first time in decades due to demand. NGU.
