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Energy and Policy Institute’s Sue Sturgis on ratepayers footing the bill for soaring utility profits
Description
Energy and Policy Institute Research and Communications manager Sue Sturgis.
If you’re like most average consumers, you’re acutely aware of how your monthly energy bill has been rising steadily in recent years. And a new report from the nonprofit Energy and Policy Institute shines a bright light on one big factor behind those hikes that turns out to be very much in the utility companies’ control – profits.
The report is entitled “Paying for Their Profits: How Ratepayers Foot the Bill for Soaring Utility Profits” and it finds that big investor-owned utilities like Duke Energy are making a mint even as huge numbers of average ratepayers struggle mightily to keep up with their bills. And recently NC Newsline sat down with one of the report’s co-authors, Energy and Policy Institute Research and Communications Manager Sue Sturgis, to learn more.