Submitted by [deleted] t3_z629ap in Pennsylvania
Atrocious_1 t1_iy108zy wrote
Reply to comment by pa_bourbon in The danger of for-profit water companies such as Aqua America by [deleted]
The Bethlehem Water Authority seems to work pretty well, being a public utility. There are four people in my household and my bill is a bit more than OP's. Per quarter.
As for the PUC, that's just a rubber stamp operation for whenever the utilities cry they don't make enough money. That's why your electric is so high now.
pa_bourbon t1_iy15f0o wrote
Please read what I wrote. The PUC caps the profit any given utility can make as part of the rate making process. Electric rates are high because most of our electricity is generated with natural gas. Natural gas prices, like all fossil fuel prices, have risen dramatically recently.
As I’ve stated elsewhere in this thread, utilities pass the commodity through at no markup according to state law. They make no money on the gas or the electricity itself - they pass it through at cost. Their income generating opportunity comes from fixed monthly fees and generation/transmission charges which are priced per quantity used.
Atrocious_1 t1_iy26td3 wrote
Lmao
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