“Electricity rates nationwide, long considered a bargain, are going to increase substantially in the years ahead,” reports Barron’s.
“Someone has to pay for the massive upgrade in America’s power grid,” explains Chris Mayer. “As residents of major East Coast cities already know, the power grid is old and susceptible to blackouts. Long under heavy government regulation -- even in the wake of so-called deregulation, which was nothing more than re-regulation -- the nation’s power grid is under incredible strains.” Here’s what to do when your bill goes up: “Buy the makers of those critical power grid components. It’s one of those inevitable things. Either we invest in the grid or we face more routine and bigger blackouts -- and all the losses associated with them. I'm betting the smaller pain -- putting up the billions to fix the grid -- will prevail.”
“Someone has to pay for the massive upgrade in America’s power grid,” explains Chris Mayer. “As residents of major East Coast cities already know, the power grid is old and susceptible to blackouts. Long under heavy government regulation -- even in the wake of so-called deregulation, which was nothing more than re-regulation -- the nation’s power grid is under incredible strains.” Here’s what to do when your bill goes up: “Buy the makers of those critical power grid components. It’s one of those inevitable things. Either we invest in the grid or we face more routine and bigger blackouts -- and all the losses associated with them. I'm betting the smaller pain -- putting up the billions to fix the grid -- will prevail.”
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