Why Are Rates Rising Faster at Investor-owned Utilities than at Public Utilities?
via lao.ca.gov
Short excerpt below. Read at the original source.
Case studies from California offer a look into the pros and cons of public and private utilities. By Blanca Begert Electricity rates are on the rise across the country, but nowhere has the increase been more precipitous than in California, where average residential rates surged 47 percent from 2019 to 2023, and are now twice […]