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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Jacques Chitte who wrote (32413)	2/15/2011 3:25:35 AM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 36917

What's wrong with obscene profits [other than it's not you getting them]? <I agree that electricity should be priced in such a way that providers make money - not obscene profits, but enough that subsidies are unnecessary, > If an electricity company is making obscene profits, they will soon find competition taking a piece of the action. If they are too greedy they will offend customers who will never deal with them again, so even with a so-called monopoly, suppliers need to be careful they don't annoy people, then lose their business when another supplier shows up. If a company charges a huge amount, then their customers might install insulation. If the supplier then cuts their energy price to zero, the customer still won't remove their insulation as that would be an effort. All transactions are transient monopolies if "the market" is defined tightly enough. Mqurice