- How would you like to pay a fixed charge of $69 per month for your electric service, even if you used no electricity that month? Further, imagine this is $59 more than the $10 you are used to paying. Fixed monthly meter charges are increasing nationwide, much more dramatically than any other component of the typical rate structure. What is causing the change?
- Utility performance and regulatory compliance are increasingly visible in the utility industry. “Doing more with less” is a common refrain. Regular performance audits can be conducted to improve utility operations and increase efficiency.
- The local media outlets are sharing news that your water rates will increase by 35 percent. Make that 54 percent. How about 165 percent?! A recent summary of the fifty-two water rate increases granted in 2014 by one state regulatory body (in a state where water increases require state approval) showed the 2014 average increase was 30 percent with the largest being 165 percent! As utility professionals, we must be cognizant of what will happen when we implement our next increase.
- On Jan. 29, 2015, Delaware enacted SB 11 that will act to improve fundamental fairness and transparency of the state’s unclaimed property program.
- Companies that do business in multiple states should be aware of a new trend resulting in apportionment changes.
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