A state has decided to create a public entity that will run the entirety of the state's electrical grid and be the sole provider of electricity to its residents. Will this affect local governments? If yes, explain. (1 point)
• No, this will not affect local governments.
• Yes, this will affect local governments because they will now have to implement and regulate the state controlled entity.
Yes, this will affect local governments because they will now have to pay a portion of
• their income (usually from taxes) to support the state electric company. However, they will have very little say in how the public electric company is run.
Yes, this will affect local governments because they will no longer need to create their own electrical companies or spend time and resources regulating private companies.