Has your power company fleeced you today?
The N.Y. Times reports -
Many electric utility companies across the nation are collecting billions of dollars from their customers for corporate income taxes, then keeping the money rather than sending it to the government.In this scheme, the utilities use losses from their subsidiaries to offset the taxes that they'd ordinarily pay--the problem being that those taxes are typically charged back to the customers, and so the utilities just pocket the cash. Sneaky huh?
Sort of reminds me of how PG&E's parent company cut the utility loose to go bankrupt, while they kept their coffers full and even moved money to their own accounts as they prepared PG&E for Chapter 11.
Is there a problem?
My little gas bill went from 14 dollars a month, cause I use minimal amount (apt life)....and it is cheaper than electric..and it went up to $131.00/month....
yup, ah, that is quite a jump for just a little gas fireplace...unreal....( I called the whoring company on the phone- "it is due to Katrina"...yeah Right?!)
Thanks for posting on this , I had no idea that Pg&E went bankrupt...that is interesting- I thought they were raking in huge amounts...
One word in-sul-la-tion. :-) E4E lives in the upper midwest, if I'm not mistaken, and up there this cool stuff in their walls. In L.A. contractors stuff the wall with...air.