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glensteinyesterday at 11:28 PM1 replyview on HN

I will piggy back off of your comment because I was going to say a very similar thing. In my state, electric utilities are guaranteed a rate of return on investment of approximately 12%, if I remember correctly. And so there's a lot of incentive for build out and maintenance that's high in total dollar amount and high in volume of work done. In some ways it's the system working as designed but the "cap" can incentivize erroneous build out, as you noted in the jet fighter example.


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pixl97yesterday at 11:54 PM

So you have an excessively built out electrical system... sounds like a win to me.

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