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PMSfishy t1_j0qdz1g wrote

Reply to comment by mgzukowski in Boston Area Electric bills - what's yours? by mrjojo-san

Explain this then. https://ctexaminer.com/2022/02/17/eversource-reports-more-than-1-2-billion-in-profits-for-second-consecutive-year/

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mgzukowski t1_j0qeell wrote

Percentage of profit stayed the same, but costs went up. So total profit went up.

It also doesn't change the fact that the state OKs the rates. They ok the cost and they ok the delivery rate.

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