Utility bills go up as do utility company profits.
Families across the country are being forced into impossible choices: pay the power bill or put food on the table. Meanwhile, monopoly utilities are reporting record profits thanks to soaring delivery rates and a laundry list of surcharges that no one voted for.
Pennsylvania’s Vicki Lightcap put it plainly:
“In the last decade, Pennsylvania electricity prices have risen almost 30 percent — nearly double the rate of inflation. At the same time, utility companies have seen their profits soar.”
This isn’t about keeping the lights on. It’s about a broken system that rewards utilities and their Wall Street investors while punishing working families. Year after year, rates go up with little scrutiny, and consumers are left footing the bill.
Common sense says this has to stop. Our state legislators and regulators need to step up, demand transparency, and hold monopoly utilities accountable. No more blank checks. No more rubber-stamped rate hikes. No more forcing families to carry the burden of corporate greed.
Read the full Broad + Liberty piece here: Utility bills go up as do utility company profits