• Monument@lemmy.sdf.org
    link
    fedilink
    English
    arrow-up
    4
    ·
    7 months ago

    What will happen is that utilities will take about a year to file an IRP with a rate increase, have it under consideration for a year, and then when it’s invariably passed, they will subcontract the work to a corporation the utility owns (at a big markup), complete about 40% of the work, report a massive profit to their shareholders while reporting to your utility commission that they need more rate hikes, citing extenuating circumstances, the economy, the usual “please give us socialism” corporate nonsense.