Why not sell Palo Alto Utilities? It makes financial sense.
Original post made by Otto on May 10, 2007
The general argument that many raise against selling PAU is that our rate structure is currently cheaper than adjoining municipalities. We would be in danger of the same fate _if_ we didn't use a large portion of the sale money to solar-enable local residences.
In fact, money directed from a sale of PAU to solar, with other innovative deployments, could go a long way toward relieving most Palo Altans from high rates, for good.
Why isn't this idea even considered, or debated at the policy level. Maybe it's a bad idea; maybe it's a good idea; maybe it's an OK idea that can be iterated to a great idea.
I want to see some REAL innovation here, instead of just talk and the occasional meeting about innovation. Ms. Mayor, how about it?
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