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submitted 3 months ago by ByteOnBikes@slrpnk.net to c/energy@slrpnk.net

Louisiana’s major electric utilities are still pushing state regulators to allow them to charge customers for the costs of a new statewide energy efficiency program and for the electricity customers will no longer need because of that program.

While the idea might seem like a straightforward solution to cut back on waste, utility company executives aren’t very happy with it. In general, utility companies earn more profit when homes and businesses waste electricity. Less waste leads to lower electric bills, which could mean lower profits for the utilities.

Entergy Louisiana and Cleco vehemently opposed the idea and successfully delayed its adoption for years. A consultant the commission hired to write the basic guidelines for the program spent 13 years and over a half-million dollars trying to appease utility companies with agreeable rules.

Fed up with the delays, Commissioner Craig Greene, R-Baton Rouge, ended the stalemate in January and joined with the two Democrats on the commission in adopting what they say is a more consumer-friendly program than the one the utilities wanted.

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[-] sj_zero@lotide.fbxl.net 2 points 3 months ago

I mean, the market is centrally planned and controlled by the state, so it isn't capitalist.

You don't need to ask the state permission to raise prices under capitalism.

this post was submitted on 12 Aug 2024
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