A bill giving power companies the ability to raise rates to help pay for new multibillion-dollar power plants before they are built cleared the Legislature on Wednesday and is headed to the governor.
Utility companies asked for Senate Bill 2793, but those against the plan had said consumers could be stuck with higher bills even if a power company decides not to go forward with expansions. The version of the bill passed Wednesday does allow the Public Service Commission to require the money to be returned to ratepayers if a power plant plan falls through, but it's not automatic.
Now ask yourself, how much profit was made by these companies and why should they make us pay for something we have to have. Why cannot these companies pay for their own construction. I nor you get that benefit. But then we are not a wealthy company that pays the legislators to do their bidding.
You need to speak up! And speak up NOW!
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