As the price goes up. just use less. Hold the line on usage reduction. The price will return to normal.
“As the price goes up. just use less. Hold the line on usage reduction. The price will return to normal.”
I don’t think it works that way with a regulated industry like electric and gas, at least not in all states.
For example, a given electric and gas company, in return for being regulated, is assured of a 22% return on their investments in plant and equipment. If and when usage declines for a long enough period, they simply apply for a rate increase and get it.
In addition, various ‘special’ taxes are added onto the bill on top of this fee and that fee, so even if the electricity charge decreases, the amount due does not.
This is not the free market by any stretch of the imagination.
Finally, there is only so much a family can cut back on electricity usage and still maintain a reasonable lifestyle.