I thought this too, but when you realize that companies are pretty much obedient to anything that is dictated from above, no matter how crazy, even to a point of losing customers and money, all bets are off. (Examples are numerous - ESG, woke agenda, etc). Plus Utilities are de-facto govt monopolies, so they will always do what they are told minus organic resistance they encounter from the populace (because lets face it, if they decide to ration everyone at once without conditioning them first, they will quickly have a little revolution on their hands).
Which is why its important we resist.