Texas answers a lot of questions about how well privatization of utilities works (and the answer is often "not very well"). The electric industry in Texas has competitive rates with the rest of the country, but it also has a body count. Putting off repairs and upgrades in order to save money and make investors more money has caused several long outages during extreme weather, including in 2021 when several hundred people froze to death. I have a photo from that year of a thermometer showing 22F (-6C) inside my RV, which I was living in full-time and parked near Dallas, at the time.

And, as a customer, it's a bad experience. I have to switch providers every year, because the rates you get the first year are competitive, and then for the subsequent years they offer much worse rates, 50%-100% higher than the previous year. So, I either have to deal with that annual pain in the ass of picking a new provider and setting up billing, etc., or I pay among the highest rates in the country when the rate spikes. There's also the constant deluge of mailers from competing providers, and gangs of sales people hanging inside Walmart or going door-to-door (I have a "No Soliciting" sign, which is only occasionally respected).

I used to be a free market purist, believing most things would be better with competition, but for a natural monopoly like electricity, it's just forced inefficiency. The law requires the illusion of competition, but the real work of keeping the lights on is done by one entity. All the other power companies are just middlemen, running their own marketing and billing operations, but not doing much else.

I would be very happy to have electricity go back to being publicly-owned and operated, with regulation and oversight.

And, for another data point, the best trash/sewer/water experience is, by far, when the municipality handles all of it and there is a monopoly on those services (even if operated by a private entity). I've lived in places where you subscribed to one of several competing trash pickup providers, and that is always more expensive and provides less (rarely includes regular bulk pickups or recycling in the standard plans, for example). And, you then have loud, smelly, trash trucks rolling through your neighborhood multiple times a week. Admittedly, in those cases, it's often a rural area where picking up is more expensive for the operator due to longer distances, but even in the suburbs it costs more and does less.