CC
cascade curmudgeon
Joined: 13 Sep 2006
Posts: 647 | TRs | Pics
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CC
cascade curmudgeon
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 Fri Dec 01, 2017 3:19 pm |
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| Token Civilian wrote: | | CC wrote: | | How is Chelan PUD subsidized? |
In general, any time a fungible good that isn't trapped in the local market is sold below open market price, that's a defacto subsidy.
Chelan PUD could be selling that juice in Seattle at 7-8 cents (wholesale), or there about. |
Yes, the rate we (Chelan county residents) pay is subsidized by PUD selling their excess power on the wholesale market, but that is basically my point. If it was a private utility, answerable to stockholders, it wouldn't do that. But since we ratepayers are also the owners, it makes sense to subsidize ourselves. But PUD is not subsidized by taxpayers so we, unlike say farmers using Grand Coulee irrigation water, or ranchers grazing on BLM land, are not subsidized in the common usage of the term.
First your legs go, then you lose your reflexes, then you lose your friends. Willy Pep
First your legs go, then you lose your reflexes, then you lose your friends. Willy Pep
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