Rate increases of 50% over six years under the spotlight at N.B. Power hearing
N.B. Power is in front of the New Brunswick Energy and utilities board seeking approval to raise its rates by 4.75 per cent this year, but the utility's plans to follow that with a 6.5 per cent increase next year and another 6.5 per cent increase the year after have been raising their own set of questions.
https://www.cbc.ca/news/canada/new-brunswick/nb-power-rate-increases-9.7124680?cmp=rss
The Houston City Council is expected to deny CenterPoint Energy’s latest request for a rate increase during a meeting on Wednesday.
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The electricity supplier for much of the Houston region wants to make additional investments to “reliably deliver power.” This type of denial by Houston City Council is “not uncommon,” according to the city’s administration and regulatory affairs department.
Houston-area cities and consumers challenge CenterPoint’s rate hike withdrawal, seek to force rate cut
#Business #CityOfHouston #EnergyEnvironment #Houston #Hurricane #Local #News #Politics #Weather #CenterPointEnergy #ElectricBills #Overcharge #PublicUtilityCommission #RateDecreases #RateIncreases
The groups challenging CenterPoint Energy’s voluntary withdrawal of its proposed rate hike argue the company has been overcharging ratepayers by more than $100 million a year for four years and should be penalized.
CenterPoint Energy is walking back a previous request to the state's Public Utility Commission to increase customer electricity bills by $1.25 monthly.
#Infrastructure #News #Centerpoint #CenterPointEnergy #HoustonEnergy #RateIncreases
According to the company's request documents filed by the company in March, the rate increases would have increased the company's revenue by more than $17 million. The company stated the rate would "present an opportunity to establish a solid foundation to enable CenterPoint Houston to continue meeting customer needs."
"Across the country, #utilities spend money collected from their customers to block #ClimateAction and pressure policymakers to let them hike up #EnergyBills. #Connecticut’s new law bans utilities from charging customers for trade association dues, donations to political advocacy nonprofits that seek to influence #elections, #PublicRelations expenses, and fees for consultants and lawyers hired by utilities to argue for #RateIncreases."
https://grist.org/politics/connecticut-bans-utilities-from-billing-customers-for-lobbying-efforts/
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