This is curious. One wonders how a story like this could even happen.
Apparently, Dominion Energy Virginia can purchase electricity from multiple sources, but chooses the most expensive option. There is no evidence of foul play; just weird decision making.
I read the story as an example of insular government operating in a bubble that excludes the people it supposedly serves. The minor insanity of irrational environmentalism is surely a factor.
It’s not weird at all once you understand that Dominion is in the ‘subsidy harvesting business’ and not in the business of providing electricity economically.
When it buys electricity from a subsidized provider, the provider gets the subsidy, so they interpret the law in a manner to freeze out its competitors and get all the subsidy themselves.
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Hadn’t thought of that. Then this is a story about undesirable subsidy incentives.
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Undesirable to whom? Dominion no doubt wrote the law the Democrats rammed through in 2020.
They got exactly what they wanted.
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Fair enough. Then we’re back to this being a story about insular government operating without regard to the interests of the citizenry.
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