CelloMom On Cars2d ago

"Electricity bills rose 13% last year, with 14 million people – one in 14 households - facing utility debt so severe they will be sent or soon will be sent to collections.

[Meanwhile] electric utilities raked in $244 billion in profit from household bills between 2021-2025 – roughly 13% of total consumer bills went to corporate profits over that time."

From that communist rag, Forbes
https://www.forbes.com/sites/energyinnovation/2026/03/22/utilities-pocket-244-billion-profit-as-energy-affordability-crisis-hits-americans/

Utilities Pocket $244 Billion Profit As Energy Affordability Crisis Hits Americans

New analysis shows investor-owned utilities raked in "excessive" profits as energy affordability crisis pushed up America's energy bills.

Forbes
Show threadf*cking b*tch club

@CelloMomOnCars My utility co promises their investors a 9.3% return, or maybe it’s 9.4%.

Yet all my life, financial folks have told me to be realistic about investments, that 4% over time is about as good as you can expect with market ups and downs, but you can meet your (realistic) goals if you understand that.

But hey, I’m just one of the little people, not a VC superstar, or big bucks investor.

Mar 22 at 2:26pmWeb