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OK, I'm lazily speculating here about Texas electricity...
#11
There is such a thing as a Public Benefit Corporation. The goal is to deliver well a product/service to the public at a reasonable cost with modest profit to shareholders.

The goal is to deliver the top product/service, not to maximize profits.

Utilities are textbook examples of PBCs or related corporations, or should be in the case of electricity generation.

There are still issues - look at PGE in CA.

But in most places most of the time, PBC or related solutions are what you want for core infrastructure.
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Re: OK, I'm lazily speculating here about Texas electricity... - by sekker - 02-21-2021, 03:00 PM

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