Quote:
Originally Posted by rusnak
I don't get the statement about how electric and water is so expensive in rural areas that "development stops". That's crazy talk. If anything, it's available very very dirt cheap compared to the costs to bring service in, and maintain it. I know because we have hundreds of thousands of square miles of remote and very rural neighborhoods around here, and they all have electric power and most but not all have telephone service.
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Yes. And you think this would be the case if privatization had been prevalent during that development? You think private companies would have been willing to underwrite those utility extensions? For the $200 per month in revenues they would achieve? No. They would have expended their capital where volumes would be sufficient to recoup their investment much more quickly. You want power? Pay $80,000 for the ditching and permitting and conduit and red concrete, blah blah.....or light your house with oil lamps.