Submitted by DotDotCode t3_11s25oq in RhodeIsland
Comments
sbaz86 t1_jcc547l wrote
Do you really though?
huh_phd t1_jcc5xl2 wrote
Oh absolutely. Fuck em. If they refuse the payment that's on them, not me.
DrMonkeyLove t1_jcd2hzn wrote
They really don't care as long as they get paid. Heck, a human probably doesn't even see the check.
huh_phd t1_jcd3zzw wrote
Exactly
techsavior t1_jcds9d4 wrote
RI Energy doesn’t even see the check. It’s sent to a processing company that opens the envelopes and writes the deposit for them. You’re just pissing off some random person that has no business taking the piss.
5XTEEM t1_jceeg91 wrote
I honestly think it's more likely they think it's hilarious, because they too would want to say fuck you to their bills.
hcwhitewolf t1_jcbjq4i wrote
What an odd article. They present the 3% increase for natural gas as the annual amount of $51 as some insurmountable amount and then when it comes to the 25% decrease in electrical rate, they call it a “slim margin” and present as only a monthly savings of $17 instead of presenting it similar to the natural gas increase ($204 decrease annualized, if you didn’t do the math).
Just such a weird way to write an article and indicates a bit of a lean in the author’s narrative.
No fan of RIE, but subversive journalism isn’t the answer.
GotenRocko t1_jcc4a7i wrote
Funny they presented it so sloppy, because if they did a little more research they would see the 25% decrease is only in relation to the current winter rate, it's much higher than last years summer rate. It's 36% higher than last summer, and it's actually higher than the winter 2021 rate. So there is no decrease at all for electricity. And it wouldn't be annualized because the rates are for 6months, they will jump up again in the fall.
jjayzx t1_jccb0xz wrote
The current minimum is as high as the previous maximums. Essentially telling us to get fucked.
godmode33 t1_jcf3agh wrote
What choice is there? When you have no where else to go you will do what they want.
degggendorf t1_jcf85d7 wrote
Electric supply is deregulated in our state, you are free to choose a different supplier.
RIE has a monopoly on distribution, which is why any distribution charges they charge have a capped ROI (essentially, profit) percentage, approved by the PUC. Whether they are taking a fair ROI is a matter of opinion, but I personally see any external profitability as unreasonable; it's a universal need, it should be run by the municipality and not turn a profit, just like our water, sewer, road, etc. systems. That said, if we're stuck with a commercial model, them taking (IIRC) 5% profit seems at least less bad than it could be.
DotDotCode OP t1_jcbmvya wrote
I agree it’s subversive, but it doesn’t take away the fact they are trying to continue to raise prices when they should be lowering. Hopefully this gets shut down.
_CaesarAugustus_ t1_jcdftml wrote
They will continue to “lower” prices after spikes in order to set new standards. They’ll reset the baseline intermittently.
Sarcofaygo t1_jcdub2q wrote
Sticky prices are undefeated
Vortesian t1_jcd54wc wrote
Who’s regulating these utilities anyway?
PurinaHall0fFame t1_jcd6sdy wrote
The same people swimming around in NG/RIE's bribe money
Vortesian t1_jcds2jh wrote
Do tell
degggendorf t1_jcbr2sy wrote
Just for clarity, the reason for the requested increase to rates is increased infrastructure investment, not the cost of the gas itself. The main driver is their replacement program for what they identify as "Leak Prone Pipe", as the requested new weld shop - which may have brought long-term savings - has since been removed.
Whether LPP really needs to be replaced, or if their definition of "leak prone" needs to be revised, or if their replacement schedule is too aggressive, or whatever is well beyond my expertise, but this isn't quite as clear-cut as "RIE wants to make 3% more profit so they're raising prices 3%".
[deleted] t1_jcc4vbv wrote
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barsoapguy t1_jccnl01 wrote
I mean gas infrastructure has to be maintained in a timely manner. Definitely don’t want to wait for something horrific to happen like in other places where they’ve ignored the infrastructure.
hcwhitewolf t1_jccz4kk wrote
You think people would remember the natural gas explosions that happened in Massachusetts a few years back or half the state losing heat because of natural gas infrastructure issues.
fishythepete t1_jcc683u wrote
Username checks out.
degggendorf t1_jcc73s4 wrote
The boot of......reading comprehension? Informed opinions?
[deleted] t1_jccdubz wrote
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degggendorf t1_jccm1bk wrote
>why would taxpayers pay for the gas company's infrastructure improvements?
Taxpayers aren't paying for it, their customers would be.
>ok so NOW, take all the reasons you just pulled out of your as
What exactly do you think I made up? Everything I said was factual and I purposely gave no opinion
monkiesandtool t1_jcdt5xa wrote
From experience looking at BGE projects as a contractor.
The most typically approach with an older leaky pipe (usually cast iron) is essentially inserting a plastic pipe into it (not sure if it's pipe relining). The older residential stuff usually is 3/4" to 3" inner diameter.
Fun fact, when looking at some information on the BGE system, one of the oldest still in use pipe dates back to the late 1890's.
alwaysfng t1_jceqczi wrote
Dead insertion is not typically used in our area due to the requirement the system be taken offline. A new system is usually installed and the customers transfered to it so those transfers can be done quickly.
Alternative-Bat-8453 t1_jchajdl wrote
I’d love to know why the delivery services are double the supply services! delivery $94.46, $48.60 supply.
PassengerLate6009 t1_jcwh1ro wrote
Liberal agenda! Keep voting democrat! Morons.
PvDSteamRoll t1_jchrk5g wrote
Thanks, environmentalists.
huh_phd t1_jcbprjy wrote
And this is why I write fuck you on the subject line of my checks to them.