The Scam of Public energy programs

The L.A. Times reports:

Southern California Edison customers looking to cure their power-bill pain might find some relief in Los Angeles County’s new government-run energy program — but the track records of similar public energy efforts show that the initial cost advantage doesn’t last.

From California to Massachusetts, the kinds of community energy programs that L.A. County approved this month lowered electricity bills 5% to 40% when they began.

But after an initial honeymoon period, the savings have tended to shrink.

In many cases, the electricity-cost difference between the old utility and the newer competing public program has declined to a few cents a month on customers’ bills. In some cases, the cost advantage for the new rivals has disappeared altogether.

Cartelized energy in the news.