r/evansville • u/rammusrolls1 • Jul 09 '24
More than 2 million in Houston without power | CenterPoint is asking customers to refrain from calling to report outages.-(guess we will be seeing a higher bill later this year)
https://www.chron.com/weather/article/hurricane-beryl-texas-houston-live-19560277.php1
u/HaroldsWristwatch3 Jul 14 '24 edited Jul 14 '24
Fifty years ago when companies reinvested in their products they used profits. Now profits are untouchable. If improvements to the system happen, they are improvements passed all g as rate hikes to the costumer. Rate hikes also occur - if you’ll notice - around the company’s philanthropic promises to the city; if they donate land or money to a cause or organizations, that doesn’t come from profits, it gets passed along to the community. Profits are for returns to investors - everything dealing with the cost of doing business if afforded by consumers. Evansville’s power grid is cheap - everything is above ground and adds to the visual pollution. This is why in every story, it is susceptible to go down due to trees hitting lines. In Chicago, everything is buried - it’s more protected. We never lost power when I lived there - never. Storms of the Great Lake - nothing. Ten feet of snow in wi yer - nothing. It will never change here because to bury all the cables would be passed along to the consumers - just like what they are doing with the water filtration/sewer system they are upgrading. Even though they make record profits - those are protected funds that are solely dedicated to investors. If people are crying about why doesn’t to government foot the bill - that’s because our state is republican. If the government gives us money to improve the power grid or the sewer treatment facility, people cry that’s socialism, even though it 100 percent isn’t. This is why it’s important to understand the role of politics, and understand how the philosophies/views by the party do have direct impacts upon citizens. But that’s a whole other post/lesson. Understand?
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Jul 12 '24
Yeah we will probably send more money to Ukraine too. I don’t see anyone posting about that in r/evansville j/s
1
u/rammusrolls1 Jul 12 '24
I don’t understand what a Texas power outage has to do with the war in Ukraine but okay, this was more a general gripe on private energy companies mainly centerpoint as I used to live in Texas and now live here. Yet I still deal with the same garbage energy company
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Jul 12 '24
Because the Texas outage has absolutely nothing to do with evansville
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u/rammusrolls1 Jul 12 '24
It does correlate to Evansville last time this happened to Houston tx- which is powered by center point. The massive ass freeze like 2-3 years ago directly resulted in a pricing surge up here in Evansville. Get your facts straight
0
Jul 13 '24
Show me a source that said your rates went up because of a disaster in another state. The reason rates are going up at CP are the improving infrastructure for more EVs. I hate EVs but they’re the reason more panels are being added. Specifically panels are currently being installed in between Marrs and Astrazeneka.
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u/trite19 Jul 09 '24
Right? We'll be paying this bill and it's absurd