Notice I didn't day Customers. Most companies would not treat their customers this way,
Our bill this month was $765.00. Rates went from .16 to .24 per KW
Last June our rates were .13 per KW
We got all kinds of reasons why the rate increased. They were planning for the hurricane season was a good one. They have to increase rates because of rising energy costs was another. The best one was " It is what it is"
If they did not have the ability to power all the consumers on their plan right now they would start having black outs. The technology is there. There are no new hires. There are no new generator plants popping up in a few days to meet Supply and demand. They are on the same band wagon as big oil.
They are going to do what they want and nothing you can do about it but switch and if you do they still own you for 2 payments and multiply that by the numbner of customers. Someone is getting a pretty good bonus this quarter.
Shame on them.
Shame on the regulators that dont make it a law that they have to notify you in a reasonable amount of time if there is going to be a rate increase.