HereWeGoAgain
Diamond Member
- Dec 15, 2010
- 87,359
- 37,492
So the gov tells a company how much they can charge when politicians are getting a cut....seems legit.
Electric and Gas utilities are regulated by the State(s) they provide service in. EVERY so many years the companes submit a rste case to the Department of Public Utilities and the Attorney General requesting a certain rate, with supporting documentation for that rate. The AG and DPU review the rate case, hear public and private testimony on the case and then either accept or reject the new rate. Nothing goes to the politicians.
And the rate is based on your bloated payroll...how convenient.