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Politics : Formerly About Advanced Micro Devices
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To: Heywood40 who wrote (1096729)10/31/2018 11:10:45 PM
From: Broken_Clock  Read Replies (1) of 1576682
 
try reading more carefully

“This induces some biases,” he says. “For example, it’s well understood in academic circles that, when you base the profitability of a utility on how much they have invested, they have a natural incentive toward spending capital whenever they approach a challenge.”

Also, when HECO finally gave up the fight and agreed to allow tie ins to the grid, the caveat was that tie ins were restricted to 15% of each "node". HECO decided arbitrarily what a "node" is.

After the program hit the ground running, the public found out that corporations had already signed agreements behind closed doors with HECO allowing them to utilize the 15% capacities for the sunniest, highest usage areas so they could install solar PV farms and sell HECO electricity, capture the tax credits and HECO now resells the electricity at a profit to the public stooges.

Of course, that limited the amount of citizens that could tie into the grid in certain nodes. many never even got a chance.
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