[Gandalf_The_Gray]

The U.S. Chamber of Commerce found that a typical U.S. household could lose about $3,400 in disposable income per year...

That's just about $283 per month. My current billing for electricity and natural gas is running about $214 to $230 per month. This illegal rule making by executive fiat is more than doubling my current costs for energy.

[Gandalf_The_Gray]

Just remembered that utility rates for electric, gas, water, telephone (Old Style), cable, Etc, Etc, used to be set by a “Utilities Commission” on a state by state basis.

The logic being that utilities are allowed a monopoly status because the very idea of a utility eliminates competition as having two competing utilities serving the same customers doubles the costs of the required capital plant.

The Utilities Commission negotiated with the Utility Owners to establish an acceptable profit margin which allows the owners (bond holders) a legitimate profit w/out scalping the customers.

The resident in the White hut as thrown the old pricing scheme to the dogs and the result is rates will inevitably double.

Regards,
GtG

Time to take it to the rooftops?