Submitted by Azr431 t3_1043cbj in newhampshire
Azr431 OP t1_j33ug5z wrote
Reply to comment by SkiingAway in Nine largest American utilities by market cap made $14B in profit in 2022 by Azr431
>Are the things you're holding up as examples a significant part of the increase in your utility costs this year - Nope.
I never claimed the reason for the huge price increases in 2022 was because of the large dividends, CEO pay increase, etc. You formed that narrative on your own.
>Are for-profit utilities a good thing - Probably not, especially as many currently function. At minimum, they need tighter regulation or better market design/structure.
I guess a capitalist and a socialist can agree on something!
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