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Golden Valley Electric Association asset transfer shorts members — 1 Comment

  1. I spoke with Tom DeLong about this, briefly–he says that almost all public utilitities in the Lower 48 separate their distribution and their physical generation assets like this. Neither he nor I are convinced that it’s necessarily a good idea just because the others are doing it. For my part, I really dislike the erosion of public oversight in our utilities–I hated it that MUS got sold (it’ll be cheaper for users! they cried–yeah, right).