Anonymous has left a new comment on your post "ITS A SIMMERING CAULDRON OF B.S.":
8:05 Indeed new technology is initially not cheap. I remember paying $2000 for my first computer. A computer today with 100 times the capacity is 25-30% of the cost. Remember also what it cost to make a long distance phone call or get your photos developed 25 years ago. People now take thousands of photos and develop them in an instant. Many don't make phone calls but instead email or text. We never thought it possible 25 years ago.
Generally, technology is expensive when it is new but it declines in price as the technology advances. This will happen with hydro and water. Even today there is ample technology to treat water in your home. People in rural areas use various filters and ultra violet light to name a few. The cost of municipal water is in the testing and to a lesser degree the treatment. The commodity itself comes free from the ground or a lake. We will still likely need the infrastructure to deliver water but not in its present day quality.
Hydro is now a publicly traded company (and soon to sell more shares) which is all the more reason it will have to adapt just as Bell has done. When was the last time you saw the distinctive Bell service truck and repair man in your subdivision? Bell survived and pays its shareholders a nice dividend. We all know what would have happened if they thought the future was in land lines. Every day it has to look over its shoulder to see what Rogers and others are doing to keep a competitive edge.
Hydro and its shareholders may expect returns but those returns will likely be based on a different business model at some point in the future.
Posted by Anonymous to Our Town and Its Business at 17 December 2015 at 16:55