Re: Pumped storage

[Herbert H Gottlieb <herbgottlieb@JUNO.COM>]

Not only do the utilities recoup electricity and sell it back to their
customers but I have observed them doing the same kind of thing with
drinking water. They sell it and then, without apology, they resell the
same water many times

On Fri, 19 Jan 2001 16:24:29 -0600 "Kilmer, Skip" <kilmers@GREENHILL.ORG>
writes:
> [Skip Kilmer]  Thanks to Dave Barry for getting it right:
> Edison's greatest achievement came in 1879, when he invented the
> electric
> company. Edison's design was a brilliant adaptation of the simple
> electrical
> circuit: The electric company sends electricity through a wire to a
> customer, then immediately gets the electricity back through another
> wire,
> then (this is the brilliant part) sends it right back to the
> customer again.
> This means that an electric company can sell a customer the same
> batch of
> electricity thousands of times a day and never get caught, since
> very few
> consumers take the time to examine their electricity closely. In
> fact, the
> last year in which any new electricity was generated in the United
> States
> was in 1937; the electric companies have been merely reselling it
> ever
> since, which is why they have so much free time to apply for rate
> increases.

Herb Gottlieb from New York City
(Where it's nice to live but I wouldn't
want to be a tourist here)