Paywall.

Makes sense since they increased their rates >70% with compounding in just the last 4 years. All with their “regulator” approval. I shared an interesting article last month on the insane utility price increases nationwide despite “regulators”, boils down to specialized knowledge maintained by a small pool, and investors being able to push up returns over time by pushing on doormat regulators who forgot their 1 job and purpose.

https://www.thebignewsletter.com/p/power-moves-how-electric-utility?publication_id=11524&post_id=156626374&isFreemail=true&r=184c9&triedRedirect=true