#IOU

2025-12-26

In the United States, the monopoly utility operates under a perverse incentive structure most people never see because it lives in rate cases, spreadsheets, and footnotes. It has a polite name—Rate-of-Return Regulation—but the logic is brutal:

They are allowed to earn a guaranteed return on new infrastructure.

They earn essentially nothing on maintaining old infrastructure.

#EnergyMastodon #IOU #EnergyTransition #Climate

constructamiracle.com/p/why-yo

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