Whats Next... Electricity or Gas?

Question

http://www.nydailynews.com/ny_local/queens/2010/02/04/2010-02-04_great_you_saved_water_now_fight_the_proposed_rate_hike.html

Common sense...we use less water, the companies lose profit so they have to charge more. We`re using highly efficient electrical appliances so consumption of electricity has decreased, the companies will surely be forced to raise their rates. More and more hybrid vehicles and fuel efficient vehicles are hitting the roads, how long until we are hit hard once again at the pump?

Are you willing to pay more for using less?

Anonymous · Accepted Answer

Actually, since the size of our population is increasing faster than our usage is increasing the utility companies will continue to make more and more money based on the number of people buying rather than the quantity that each individual buys.

It's an economy of scale, of sorts.

But they'll put the prices up regardless because that's one of costs of living in a capitalist society. You have to choose, do you want to live in a socialist society with higher taxes but with access to essential services protected by law, or a capitalist society with lower taxes but where companies can continue to hike prices almost at will?

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Whats Next... Electricity or Gas?

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