“…decreasing energy costs…”I’m seeing an almost ‘complete’ disconnect with the reality of the IOU electric Utility practice of operating as a “regulated monopoly” with [assured] rate of returns typically from 8% to 12% on all infrastructure constructed. The unspoken in this instance is some substantial interest paid back to financiers, be it a public bond offering or loan from a financial center to fund the project. Principle and interest will be part of the PURPA rate case for bundled electricity increases for years to come. Some analysis done by utilities and regulating agencies have pundits of energy costs from 45% to 65% and (maybe) more over a 10 year IRP period. So, the electric bill of $300/month today will cost $435/month to $495/month for the ‘same’ energy use by 2035. Does this sound like a decreasing energy cost to you?

For instance the Government SBA loans to start up businesses has a loan default rate of something like 1 in 6 businesses fail about 17.5%. Take the IRA and the hundreds of ‘billions’ of dollars and subtract 17.5%, then at least attempt to determine how this considered default rate effects ancillary businesses that supply the failed businesses and one has a little more clarity on the what the IRA will [really] DO for the economies leaning heavily on them.