Those for profit companies do things far more cost affective and efficient then any public utility can.
But if not, campaign to have your state government take over the electric system! Good luck with that! Your government will be so efficient of running the system it will cost you double what it does now. So lets lay off the "for profit" stuff *LOL*
Study Long Island NY when the state took over their system. *L*
CT deregulated the utilities a decade or more a go, IIRC, and since then prices have seemingly increasing at a historic rate. To complicate matters, the state has pushed green initiatives that have certainly increased rates. I'm all for cleaner air and environment, but for the near term the cost is often downplayed.