Originally Posted by
skypilot
Sell the Hydro to private corporation(s), set up a Public Utility Commission to police and set max hydro profits at 9-14% and never look back.
The PUC determines what the revenue rate for each Power Company should be for the value of their assets, equity financing , cost of debt, and administrating /operating expenses.
The PUC also looks at and approves a Corporation's power generating/supply plan to an area and only approves their entry into that area when their service, revenue and costs balance reasonable ROE and consumer affordability.
Get the government out of your lives at any and every opportunity as much as possible or at least to a manageable level of a handful of utility commissioners on a PUC.