12-15-2023, 10:17 PM
(12-15-2023, 08:46 PM)SunsetBengal Wrote: I'm not sure that is accurate, either. For example on the table you referenced on page 9, the cost of electricity only increasing 3.4% seems a bit off. As an AEP customer, our only source, we received letters explaining that we were going to see a 30% increase in electricity costs, they did not lie.
I've highlighted the issue, here. Publicly traded corporation without competition in so much of the country. This is what is called a "market failure" in economic terms.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR