While the idea might seem like a straightforward solution to cut back on waste, utility company executives aren’t very happy with it.
In general, utility companies earn more profit when homes and businesses waste electricity.
Less waste leads to lower electric bills, which could mean lower profits for the utilities.
Nevertheless, customers will still foot the bill for the program and have been doing so for years.
Even though customers are covering all the costs of the program, the utility companies could end up squeezing them for lost profits with so-called “under-earning” fees.
His solidly-conservative district could elect someone who shifts the LPSC farther right in support of policies that benefit the utility companies.
That policy was actually removed from the final version, though nothing precludes the LPSC from adopting it in the future. »
