tag:blogger.com,1999:blog-12005502.post3699903546438256299..comments2023-11-28T13:30:46.120-05:00Comments on Leonardo's Notebook By Mattheus Mei: Are you kidding me?Mattheus Meihttp://www.blogger.com/profile/07629195495902678804noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-12005502.post-55771000652763641712008-03-27T09:10:00.000-04:002008-03-27T09:10:00.000-04:00It is just mind numbing to think about how much mo...It is just mind numbing to think about how much money $CE&G runs through providing electricity and natural gas to the people in this state when electric co-ops do it for about half the price. Government regulated monopolies, or anything for that matter that is subjected to government regulations, always find a way to have more overhead than the private companies that provide the same services. $CE&G claim that it cost them more money to generate hydro electric power at the lake muarry dam than it does for them to generate electricity from coal at the plant right next to it.. and this was before the 2nd dam was even thought about. When your margins are fixed by the government as they are for $CE7G the only way to make more profits is to spend more money. 10% of $100,000,000 is a lot less than 10% of $200,000,000 . So if you could only make 10% profit how much money would you rather spend?<BR/>~SeanAnonymousnoreply@blogger.com