Energy policy should put people before profits—not the other way around.
Here is a recent commentary on MarylandReporter.com which highlights the problem with monopolistic utilities.
Profits Before People: The Real Reason Maryland Power Bills Keep Rising
Marylanders are being squeezed by skyrocketing electric bills—and it’s not because the cost of making electricity has gone up. In fact, power generation costs have dropped about 20% over the past decade.
The real culprit are the monopolistic utilities like BGE steadily inflating the “delivery” side of your bill.
It’s not just happening in Maryland. Utility monopolies across the country are guaranteed a fixed profit on every dollar they spend on infrastructure creating a perverse incentive to overspend at the expense of ratepayers.
It’s time for a change!
