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3 Questions When Utility Companies Try to Raise Your Rates
Posted By Elaine Ryan On May 31, 2013 @ 5:35 pm In Politics | Comments Disabled
Across the country, a number of gas and electric companies are looking to increase their customers’ bills. The cost of everything is going up, but sometimes utilities ask for too much . Here are 3 questions you should ask the next time your utility company tries to raise your rates:
1) When rates go up, will quality improve? Is the utility being held accountable for providing reliable service?
2) What impact do raised rates have on the company’s profit? Is the utility asking for profits that are above market rates? Are shareholders pocketing excessive profits on the backs of the company’s customers?
3) Who’s watching out for your interest? Does your state have a utility consumer advocate to fight for you before state regulators?
In most states, utility companies must seek permission from a state agency (often called the Public Utility Commission) – or through legislation – to raise rates. AARP is fighting in 38 states  to make sure these rates are fair and reasonable – and that you get to keep your hard-earned money in your pocket.
Here’s a snapshot:
Article printed from AARP: http://blog.aarp.org
URL to article: http://blog.aarp.org/2013/05/31/3-questions-when-utility-companies-try-to-raise-your-rates/
URLs in this post:
 Image: http://blog.aarp.org/wp-content/uploads/2013/05/utilities_raise.png
 sometimes utilities ask for too much: http://www.aarp.org/politics-society/advocacy/info-06-2011/home-energy-consumer-rights.html
 AARP is fighting in 38 states: http://www.aarp.org/politics-society/advocacy/affordable-utilities-now.html?cmp=RDRCT-UTIL_JUN17_011
 California: http://states.aarp.org/say-no-to-higher-utility-rates/
 Join AARP in taking action: Raise your voice before they raise your rates – contact the CPUC today: https://action.aarp.org/site/Advocacy?cmd=display&page=UserAction&id=3341
 New data: http://states.aarp.org/coned-electric-customers-get-rate-shock-pay-more-than-double-u-s-city-average/
 New York residents: Tell AARP your thoughts about the gas and electric rates where you live: http://action.aarp.org/site/Survey?SURVEY_ID=8461&ACTION_REQUIRED=URI_ACTION_USER_REQUESTS&AddInterest=1581
 North Carolina: http://states.aarp.org/raise-your-voice-before-they-raise-your-rates/
 South Carolina: http://states.aarp.org/info-on-duke-energy-rate-hike-hearings/
 Sign a petition: http://action.aarp.org/site/PageServer?pagename=UtilityPetition_NC_20121213
 Voice your concerns: http://action.aarp.org/site/PageServer?pagename=MSUCSurvey_SC_05222013
 sign up for the AARP Advocate newsletter: http://action.aarp.org/site/PageServer?pagename=Get_Involved&intcmp=HP-LN-sec9-pos1
 visit your state webpage: http://www.aarp.org/states/
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