General Question

jca's avatar

What are some good public utilities in the United States to invest in?

Asked by jca (36062points) June 24th, 2014

What are some good public utilities in the United States to invest in?

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10 Answers

Seek's avatar

Not sure what you’re asking. If you’re talking about privately-owned utilities that are traded on the open market, you’ll have to research the individual companies. But man, what a racket, huh? They get the state to grant them monopolies over huge swaths of real estate, and they can just charge whatever they like, because the people have no one else they’re allowed to buy from! And then if they decide they really don’t want to use those utilities after all, well, the state can just kick them out of their homes!

If you’re talking about actual public utilities, like roads and stormwater drainage, I’m pretty sure your investment is your property taxes.

jca's avatar

I’m referring to buying shares of the company, like Con Ed or other power companies.

I don’t know that the state kicks people out of their homes for not using utilities. If the people don’t want to use hot water or power, they don’t have to. If I wanted to live off the grid, I could just use a fireplace.

jca's avatar

Thank you, @Tropical_Willie. I went with one of them, thanks to your list.

Darth_Algar's avatar

@jca “I don’t know that the state kicks people out of their homes for not using utilities. If the people don’t want to use hot water or power, they don’t have to. If I wanted to live off the grid, I could just use a fireplace.”

Not if you live in Florida apparently.

jca's avatar

@Darth_Algar: Very interesting article. However, I read the comments and realized that they are correctly pointing out that the woman is using city sewers, so she’s really not off the grid. That’s why the utility company wants her to pay.

Seek's avatar

@jca

They’ve recently determined that she is not allowed to live in her house if she opts not to use the sewer.

They decided she wasn’t paying, so they capped the sewer, and then condemned the home for not having sewer service.

jca's avatar

@Seek: Interesting! Florida always seems to go against what would be otherwise considered logical.

pleiades's avatar

In San Diego they just opened up a “Proton Therapy Center” I’ve only heard that it’s one of the most advance cancer fighting machines… I have no clue if the claim holds any backbone, but hope that’s a lead for you!

Dan_Lyons's avatar

@pleiades Nice link. Check out a closer look
If this thing works, it may put the other form of radiation treatment out of business!

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