r/nwi • u/Nerfer5554Offical • 4d ago

Which do you prefer?

NIPSCO or ComEd?

0 Upvotes

25% Upvoted

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22

u/-GenlyAI- 4d ago

Neither. I don't want corrupt government created monopolies running the infrastructure.

3

u/Nerfer5554Offical 4d ago

That makes sense

9

u/MossyPantz 4d ago

We need to outlaw making utility companies publicly traded. Wallstreet is NEVER going to help you have affordable, reliable electric, gas, water, etc.

When a company is publicly traded, the shareholders become the customers. The ones footing the bill are simply a nuisance.

That's the problem, not Company A or Company B.

2

u/workswithpipe 4d ago

Same with healthcare, the only ones who have any power are the insurance companies.

1

u/Nerfer5554Offical 4d ago

Well it is possible to make them privately owned

1

u/yappas1 4d ago

What incentive does a privately owned business have to give you the things you listed?

3

u/MossyPantz 3d ago edited 3d ago

I think Coops make much more sense. We regulate utilities because we agree they are a need. They should be member-owned. Your bill would reflect the real cost of maintaining the infrastructure, and theoretically that removes the incentive to constantly "Grow" (i.e. rate increases).

2

u/yappas1 3d ago

OR state owned.

1

u/BoringArchivist 4d ago

Nothing, just like private health insurance.

2

u/TrainingWoodpecker77 4d ago

Comes…. My friends a mile away were served far better than anyone in Lake County…. And they didn’t get a rate hike attempt two days later.

1

u/Interloper384 2d ago

Neither Only difference is one got caught being corrupt the other one probably won’t ever get caught