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Gare | 1 year ago

> These are very important factors to keep in mind, even if the absolute numbers seem small. Expensive electricity makes everything else more expensive as well. It touches every facet of our lives in a way not even food does.

It has to be noted that in most EU countries electricity for business is quite cheaper than for households.

https://ec.europa.eu/eurostat/statistics-explained/index.php...

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hiAndrewQuinn|1 year ago

Correct, but this doesn't create as much of a wedge as you might suspect. It's also true in the US that commercial electricity tends to be 20-50% cheaper than the home delivered stuff. In the EU the additional tax burden means the difference is usually closer to 40-70%. Ironically, in this way, you could describe the EU as being far more business-friendly than the United States (by dint of being much more consumer-hostile, but hey).

Making the fundamental power generation cheaper is probably still the best lever a private actor can push.