That would be a reduction in the service quality, which is the other thing that always happens when utility services are privatised. So you get to pay more money for less service. The company has no incentive to provide a good service, because what else are you going to do?

Batteries.

Batteries plus solar is still cheaper than all other power systems. It’s remarkable but true.

If it was private, you would pay more for the same service, because the private company has all the same costs as now, but also needs to make a profit. So if you keep it public, it will cost less.

I think I see why mainstream culture was so goddamn earnest and antisatire in the 40s and 50s.