Submitted by thinkB4WeSpeak t3_yz79ck in massachusetts
Intrepid_Priority154 t1_ix9ojg5 wrote
Reply to comment by Tacoman404 in Eversource seeks 43% rate hike for electric customers in Mass. this winter by thinkB4WeSpeak
Got it, so yes the increase is going right into the pockets of the c suites.
Not for nothing but that’s a childlike argument you are making. Even if your analysis was remotely accurate, the MA regulators allowed the increase?
Here, there are costs that eversource is allowed to bill us for plus a markup. If eversource needs to produce power using a power plant and the fuel for that power plant goes up, they are allowed to bill us that and a markup. When trump cut federal taxes from 35% to 21% it’s why ratepayers saved on their electric bills.
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