Electric Rate Hikes Due To Softening Of Industrial Demand

Electricity is vital to economic success. Electricity is essential to businesses and residential areas across the United States. There are more than 3,273 traditional electric utilities in the United States, and continually growing.

The U.S. Commercial Average Price per kilowatthour was 9.65 cents in 2007. The Average Retail Price of Electricity to customers is growing. The price you pay depends on where you live.

Electric rate hikes are due to several factors:
1. Sheer greed.
2. Deregulation con game in 22 states, and Washington, D.C.
3. Energy traded on Wall Street; creating speculation.
4. Big corporations are creating monopolies. (They got it, you need it.)
5. Emphasis on profit shares, while ignoring customer satisfaction.
6. CEO profits that amount to millions of dollars.
7. Extremely overpaid upper management.
8. Government uncertainty.
9. Too much regulation on global warming.
10. The cost of building materials on the rise.
11. Increase of power demand. More people, more gadgets.
12. Not enough power plants.
13. Lack of conservation.
14. Rising gas prices.
15. Replacing aging facilities and systems.
16. Electric companies routinely waste money.

17. You Pay More Due To Industrial Demand Softening
Although this is an unfair practice, an electric company can charge more to residential consumers to compensate for incurred losses when industrial plants are closed. 

One industrial plant can generate over 100 million dollars a year in revenue. Losing that one industrial plant is big revenue loss. If several plants close, you have even more substantial revenue loss.

An electric company may charge more to residential customers to keep profit shares up. Especially if the company is a giant, with no competition.

You the customer, actually may get charged more because of less electricity being used in the community! And the experts keep telling us to conserve energy. Does this make any common sense?