Utility Profits In The Crosshairs Amid Affordability Concerns

Utility Profits In The Crosshairs Amid Affordability Concerns By Herman Trabish of UtilityDive,Last month, protesters angry over high electricity costs disrupted a Las Vegas conference of executives for the nation’s biggest investor-owned utilities — a vivid example of growing public outrage that has forced the industry to again defend their legally guaranteed profit margins.  As affordability concerns increase political pressure, several states have taken steps to lower utilities’ return on equity, either through regulatory or legislative action. Consumer advocates say these measures are long overdue, while utilities say suppressing their ROE...