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CNDRock16 t1_ivf98zt wrote

Honestly, corporate greed gone unchecked by government.

People will give you political reasons, supply issue reasons, but ultimately it’s because we live in a capitalist economy and across the board executives are jacking up prices on everything that they know people have to pay to live.

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NativeMasshole t1_ivfd8oh wrote

They literally have to check with the government for rate increases. Stop with the lazy meme answers already.

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Illustrious-Nose3100 t1_ivfkrvf wrote

Yep. Every utility has to submit cost increases to the DPU and they approve/deny them. There’s not much the govt can do when literally everything just costs more.

If it turns out that the utilities actually over collected this heating season then we will see price cuts next year.

If there’s and increase of bad debt (people who do not pay their utility bill) then that will also increase rates because the rest of the ratepayers have to pick up the tab.

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