Government Sponsored Monopoly ?
Imagine if there was a ballot measure in California that would authorize amending the state constitution to discourage competition for a specific for-profit corporation. This initiative would benefit only that one corporation, and result in higher utility costs for everyone else. Who would ever be in favor of such an initiative? Its hard to believe that such a bad idea would ever get on the ballot in the first place, much less win voter approval.
Well, apparently PG&E thinks that are enough uninformed voters out there that can be fooled by an expensive, misleading marketing campaign. They have pumped 35 million into promoting state proposition 16.
Prop 16 requires a two-thirds vote for communities to choose lower cost electricity provided by nonprofit municipal utilities. In California, customers of nonprofit municipal utilities pay an average of 20%–25% less for electricity than customers of for-profit electric utilities.
This is serious abuse of our state initiative system. Vote NO on Prop 16