posted on Mar, 9 2009 @ 06:46 PM
Originally posted by elston
I have been delaying purchasing a small generator for a while as funds are tight.
At what point could power, water, gas etc. be in jeapordy.
Are the providers invested in dangerous markets as well?
Would we see mass layoffs from utility companies and see that as a sign?
your 4 points:
why even buy a generator, get a bunch of camping gear to be able to live in the house. lanterns, ice in coolers, adjusting ones needs to thrive
without electricity wouldn't be that difficult.
utilities in general are regulated by governments...
and they are reluctant to discontinue service -
unless you present yourself as a true-blue deadbeat by refusing to pay them something
Yes, the individual utility companies have company treasuries, where they invest in other assets--- bonds, stocks, etc...not to keep down cost to the
consumers... but for financing their retirees pensions and such (these liabilities are called 'Lagacy' costs)
Layoffs?... possibly at first to controll their expendatures... but the state or federal govt's would soon provide for more personnel to monitor the
service areas... iow more spies to see just whose pirating gas/water/elect
and to cut-off utility service & insure its not tapped into again.
these are just viewpoints from my observation & experience,
and not necessarily playbooks of what the utilities will actually do