Originally uploaded by fcapria
With a rare October nor’easter bearing down on us, and threatening widespread power outages, I thought this image appropriate for tonight’s Random 365. The lights have been flickering and parts of town are already without power.
While utilities blame freakish weather patterns for the deterioration of service the past few years, it’s not likely. The culprit is deregulation. Utilities are cutting back on maintenance to improve short term margins and regulators no longer have the necessary tools to force more responsible behavior. Perhaps it’s time the regulatory pendulum swings the other way. We deregulated airlines, and flying is just a miserable experience. We deregulated banks, and we have the mother of all recessions to show for it. Does anyone really think deregulating core infrastructure is a good idea? What pennies we might eventually save each month comes at the cost of Soviet-level quality of service.