• ReCursing@feddit.uk
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    1 day ago

    No. It’s risen because corporate execs think they can gouge you for money to increase the high scores in their bank accounts. Increased demand means they’d be selling more which would mean more profits or even your bills decreasing if they were being fair. As usual it’s corps and billionaires that are the problem

    • foodandart@lemmy.zip
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      1 day ago

      Hmmm. I wonder which corpo executive runs my local community power collective.

    • mabeledo@lemmy.world
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      21 hours ago

      Data center operators can and will negotiate yearly rates for bulk electricity up. That’s how they can guarantee supply, by paying more than the competition. Small local distributors will never have that kind of leverage, that’s why consumers end up paying more.

      So yes, you are correct in saying that corporations and billionaires are the problem, but in this particular case, it’s because of a particular subset of those.