The Hidden Costs of Electric Utility Monopoly Power with John Farrell

Second Request

Co-director of the Institute for Local Self-Reliance and director of the Energy Democracy Initiative, John Farrell, discusses his recent report on the 100-year-old business model granting private exclusive power over the public resource of electricity. Learn about the abuses that come from allowing private monopoly power to control electricity, including pollution-linked deaths, price-hiking, power-shutoffs for low-income families and other publicly borne burdens. The discussion also includes recommended structural reforms for restoring competition and equilibrium to the sector.