A Boring Dystopia

9744 readers

679 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago

MODERATORS

[email protected]

431

My utility is now owned by a hedge fund (lemmy.world)

submitted 8 months ago by [email protected] to c/[email protected]

55 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 8 months ago (1 children)

That was my gut reaction too but what happens when this happens to the electric company as well?

[–] [email protected] 1 points 8 months ago

We are fucked. Unless you have the wealth to both own a home and put solar with battery backups then you are tied to your local utility, and if that utility is owned by a hedge fund you are in trouble.

In a lot of states utilities have lobbied the governments to put strict rules on solar as well, because it is a threat to their business. So even if you have a good solar set up and want to still be on the grid they could force you to either take parts of your solar down or not be on the grid at all. That is all theoretical I haven't heard of a utility forcing a homeowner to remove panels though, I have just heard that they throw up roadblocks to putting them up.