Just take it back, pay compensation. People r so scared to set a bad precedent for future business deals and yet businesses repeatedly don’t care about leveraging every advantage they have for profit over people.

Contracts are only as good as the enforcement mechanism and in this case, the fact that it’s critical infrastructure only works in their favor. Just nationalize it, pay the existing owners some “fair value” amount for their trouble and resign to fighting a WTO lawsuit.

Over 40% of homes have rooftop solar PV as do many businesses. It is harder for renters and low income earners. Going off grid completely is difficult and generally impractical for most people as the return on investment with storage is still questionable and the costs are high. While they can offset some costs with their own generation they, their children and grandchildren are still going to be taxed for their grid connection. Overbuilding the electricity grid would be a ridiculously inefficient and expensive task and is unlikely to save anyone money. It is a natural monopoly.

The grid was originally bought by the state from private operators to support the state's industrialization and economic growth as foreign investors didn't want to help grow our economy. That was decades ago under an old-school conservative leadership that was pro-business and the interests of all and not just looking after their mates and themselves. I think we need to rethink our conception of political parties and who they represent because I question how many truly represent me.