this post was submitted on 08 Aug 2025
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New York energy company ramps up disconnections as it seeks 11% price hike (www.theguardian.com)
submitted 4 months ago by Davriellelouna@lemmy.world to c/nyc@lemmy.ml
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[–] Veedem@lemmy.world 1 points 4 months ago

What pisses me off is that they have no accountability to efficiency in operations. Their approved monopoly guarantees them an operating profit rate so they just need to show their costs and then explain the cost to get them back to their guaranteed profitability.