Yhn EnvironmentEnergy first seen 6 d ago, last 21 min ago, peak #1
Investor-owned utilities charge 23% more for electricity than public providers
A comparison of electricity prices in the United States finds that investor-owned utilities charge residential customers roughly 23% more than publicly owned providers on average. The gap is attributed to shareholder returns, executive compensation and higher administrative costs built into private utility rates. Supporters of public power say the figures strengthen the case for municipal utilities, while defenders of private utilities point to grid investment and service quality as offsetting factors.
Why now: Rising electricity prices have made the cost difference between private and public utilities a timely debate.
investor-owned utilitiespublic power providersUnited States
Evidence
- Investor-owned utilities charge 23% more for electricity than public providers · hubraumhugo · 559
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