[SampleMan]

The cost of generating electricity is 50% more, but the customer’s bill will only rise 2%????

How is that possible? Its not like the cost of power is a small insignificant factor in the utility business?

Something stinks.

[nhwingut]

The cost of generating electricity is 50% more, but the customer’s bill will only rise 2%????

This is a huge, ongoing controversy in Boston/Mass.

What they are doing is passing all the costs onto businesses. Consumers will pay 2% more but businesses (depending on size) will pay up to 100% more. And of course they will pass all costs back to consumers in the end.