Utilities want $31 billion more from customers, and your electric bill is about to feel it. Electric and gas utilities asked state regulators to approve $31 billion in rate increases last year. “Gas and electricity are the two fastest drivers of inflation, and not by a little bit more.”
Source: mafco
5 Comments
This why I invested in ENPH and solar. Admin can hate solar all it wants but the market will decide, faced with energy inflation people will realize it is the only way to be free of the man.
Seems it would be wise for utilities to invest in more renewable, as the yield would result in a lot of profit in a pretty short amortization period vs other options.
This is why we need moratoriums on data centers.
Trumps actions are accelerating the beginning of the next Great Depression or Trumpression
I heard that there are technologies that literally generates energy out of the sky. It’s been demonstrated to be lower cost than fossil fuels. And, the current administration has decided that it doesn’t want these lower cost energy technologies, because the president offered the fossil fuel industry to do anything they want for a billion dollars.
Is that true?