Don Kreis Call to Action

47% Rate Increase for Electric Transmission Proposed by Eversource, Kreis Warns. Here's what you can do. 47%. That is the increase that Everource is requesting before the PUC in their current rate case for the distribution part of their bill. But the folks at Eversource are doing their best to bury the lead in an avalanche of other charges in which the 47% is embeded. That's 47% over just a bit more than 2 years, well over the rate of inflation. The bean counters at Eversource seem to think that they are due a 10.3% rate of return per annum on their investment for what effectively is one of the safest investments anyone can make. After all, it's a captive market. At the same time the legislature will also be hearing a bill to abolish the office of Consumer Advocate "Ratepayers should not have to spend all their time trying to figure out whether they are being fairly charged on their bill. That's my job." Don Kreis