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Tacoman404 t1_ix9ledg wrote

Reply to comment by Intrepid_Priority154 in Eversource seeks 43% rate hike for electric customers in Mass. this winter by thinkB4WeSpeak

You’re applying childlike logic to an issue that is much more complex than that.

Rate hikes are to keep margins the same they wouldn’t be so intense if margins for C suites were not a issue. C suites wouldn’t be in our power grid if it wasn’t privatized. Tip of the iceberg but that’s the point being made.

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Intrepid_Priority154 t1_ix9ojg5 wrote

Got it, so yes the increase is going right into the pockets of the c suites.

Not for nothing but that’s a childlike argument you are making. Even if your analysis was remotely accurate, the MA regulators allowed the increase?

Here, there are costs that eversource is allowed to bill us for plus a markup. If eversource needs to produce power using a power plant and the fuel for that power plant goes up, they are allowed to bill us that and a markup. When trump cut federal taxes from 35% to 21% it’s why ratepayers saved on their electric bills.

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