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Old_Grouch
Don't just sit there silly DO something
Premium
join:2004-05-26
Greenwood, IN
kudos:1

reply to jester121

Re: Wonder why

If your monthly charges for service are those allowed by the regulatory agencies in each jurisdiction - - - only so much cost can be squeezed under the roof - - especially if you are out of rate-of-return and into a maximum price for service regardless of the costs that support it.

But, if you can exclude some of those costs and call them some trumped-up gibberish on a separate line of the bill, you can have your cake and eat it too.

Put the costs in the rate base and you impact (negatively) the money available to buy jets and golf memberships at Augusta. But, if you can slop the costs over to a legal-sounding line as though the gubberment made you do it, you have your costs offset and earn well at the same time.

I don't fault them for doing it. I merely like to clarify their apparent benevolence.
--
At Team Discovery we know how to get more outta that danged 'puter of yours!

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