Several decades ago, jurisdictions across America got fed up with the waste and mismanagement of publicly owned utilities and there was a big fad for turning them into regulated private monopolies. More recently, jurisdictions across America have gotten fed up with the waste and mismanagement of private utility monopolies and there’s a bit of momentum around returning to the public ownership model with Boulder, Co. perhaps leading the way.Unfortunately, the problem here is that electricial utilities are simply one of these things for which there’s no good solution. At the end of the day, it all just comes down to the quality of the governance.
Municipal Utilities Are About as Good (or Bad) as the Other Options