Cutting out the investor owned utility and their return on equity is the goal. It is unlikely cost of capital to a coop or municipality in the bond market is so high compared to an investor owned corporate entity and their profit seeking that the math doesn’t pencil out.

Each entity is still borrowing, the investor owned utility demands a profit cut on top of the borrowing. That’s where you’re saving, the rake and skim. Eminent domain can be used if required to acquire infrastructure at fair market value, although I argue you want to push investor owned utilities into distress to buy at more favorable prices.

Electric utility death spiral: Revisited in the context of tariff design - https://ui.adsabs.harvard.edu/abs/2022ElecJ..3507062A/abstra...

(an early example of this at nation state scale is Pakistan)

Pakistan's solar miracle – how the hell did they do it? - https://news.ycombinator.com/item?id=48755738 - July 2026

https://news.ycombinator.com/item?id=48756314 ("This is amazing. As the govt grid becomes costlier, wealthier households buy batteries and disconnect, this creates a virtuous cycle of increasing costs, making solar+battery the cheapest source of energy.")

Pakistan: The solar revolution nobody planned - https://news.ycombinator.com/item?id=48618360 - June 2026

Pakistan's solar surge lifts it into rarefied 25% club - https://news.ycombinator.com/item?id=47653908 - April 2026

HN Search: Pakistan solar - https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...