Comment by whatever1
20 days ago
In Greece there is no incentive to fix power losses since the electric bill has a power losses line item.
You can steal as much as you want. The ones who pay will pay.
20 days ago
In Greece there is no incentive to fix power losses since the electric bill has a power losses line item.
You can steal as much as you want. The ones who pay will pay.
"The ones who pay will pay" is always true (from people using public transport without a ticket to "normal" tax payers having to shoulder the losses caused by loopholes and "incentives" for the upper 0.1%), but resigning to it so explicitly is rare.
> caused by loopholes and "incentives" for the upper 0.1%
You'd be amazed at how most of this sort of thing is not done by the same people you blame for everything.
Yeah. My impression is, small players exploit the loopholes like there's no tomorrow, big players hire external consultants to give them least-effort playbook and take over liability, as anything more clever is exponentially more expensive.
6 replies →
> The ones who pay will pay.
Until solar panels came to liberate us from the utility overlords.
And handed us over to the mafias that collect protection money for solar panels.
A failed state will be fail-stating regardless of the technology.
Indeed, you need to insure from the risk of brick-rain where this weather phenomenon occurs!
A failed state is a funny thing. It cannot fail indefinitely and yet it persists in a limbo.
In places where the grid is reliable, approximately no one disconnects voluntarily from it, and solar panels are just a nice extra.
It is the places where the grid is failing where solar panels indeed liberate you, but not from the utility overlords, but from incompetent and corrupt governance.
I mean this is the case universally, even if the losses aren't in a specific line item the cost of generating that power has to be covered overall
There's usually an incentive to solve this though because this shrinkage, in retail terms, would be handled at the cost of power generated (without any profit margin) whereas if it was sold to a paying customer it'd have a margin built in. If the Greek utilities are allowed to make a profit on that losses line item, that is insane
If a utility is regulated to a set profit outcome, it will make a profit on stolen electricity just via math.
it depends on how the regulations are written. not every single cost gets to go into the guaranteed return on equity. Probably plenty of examples where it is, but also there are definitely a lot of examples where that's not true. Given how militant most utilities are at preventing theft, either parent comment OP is just being cynical or there is something very off about the situation there vs. most places