 AVDRespice, Adspice, ProspicePremium
join:2003-02-06
Onion, NJ
kudos:1 | reply to Jack_in_VA
Re: Here's the law private utilities are beholden to their shareholders, nothing more or less. |
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 Jack_in_VAPremium
join:2007-11-26
Mathews, VA
kudos:1 | said by AVD:private utilities are beholden to their shareholders, nothing more or less.
"As any public company is". Nothing more, nothing less and to expect anything other is foolish.
I guess must states are the same as Virginia. The state will guarantee the utility makes a certain amount of profit and will allow rates that allow them do it. |
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