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POWER COMPANIES = CAN YOU SAY MONOPOLY?

There are strict laws in our country pertaining to MONOPOLIES in the business world.  Large business mergers are typically scrutinized by our government to protect consumers because MONOPOLIES are famous for maximizing their profits by producing fewer goods and selling them at higher prices than would be the case for perfect competition.  Unfortunately, that same regulation doesn’t apply to UTILITY COMPANIES.  They are considered a “Government-Granted Monopoly,” which are allegedly managed by a completely different set of rules, since they provide what is regarded as an essential service.  Yet, they continue to maximize their profits at our expense.

Think about it for a second.  Most of us strongly disagree with the amount we are being charged for our electricity.  But, if we don’t want to do business with P.G. & E. or Southern California Edison, or San Diego Gas & Electric, what other choice do you have?  The true reality is … we either deal with our local power company, or it’s lights out – LITERALLY!

As a result of the aforementioned government-granted monopolies, utility prices continue to skyrocket, mainly due to the lack of competition.  Officially, their escalating price increases are regulated by the California Energy Commission.  But if that was the case, why are those increases blowing past the rate of inflation to the point where homeowners can no longer afford to run their air conditioning units?

It should also come as no surprise that utility and energy stocks are some of the safest and most profitable stocks in the market.  That’s right, the three largest utilities in California (S.C.E., P.G.&E., & S.D.G.&E.) are PUBLICLY-TRADED, FOR-PROFIT GOVERNMENT-GRANTED MONOPOLIES!  Most homeowners tend to either forget or ignore that important fact.  And trust me, they make a ton of money – which is easy to do without the threat of competition.

The American way has always demanded competition.  For example? … DirecTV or Time Warner Cable; Costco or Sam’s Club; Sony or Samsung; Lexus or Mercedes; Bob’s Landscaping or Jerry’s Yard Service, Republican or Democrat … you get the idea!

The only way to get out from under the government-granted monopoly umbrella is to become your own powerplant.  And the way to do that is by installing a solar electric system on your home.  The best part of this equation is that unlike your utility bill, you can payoff your solar system and own it.  The utility is like the Energizer Bunny … it just keeps going and going and going UP!

SAY NO TO THE UTILITY MONOPOLIES — AND GO SOLAR WITH FUTURE ENERGY SAVERS!

 

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One Comment on “POWER COMPANIES = CAN YOU SAY MONOPOLY?”

  1. Theresa September 12, 2014 at 7:30 am #

    Great article.

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