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Report suggests energy utilities like Xcel are increasing profits even as customer bills surge (www.cpr.org)

submitted 1 week ago* (last edited 6 days ago) by supersquirrel@sopuli.xyz to c/usa@midwest.social

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The Energy and Policy Institute — a utility watchdog group — found that energy companies are earning steadily increasing profits even as their customers’ power bills surge.

The report analyzed financial documents from 110 investor-owned utilities, the for-profit companies that serve most Americans. That includes all of Xcel Energy’s operations in eight states, including Colorado.

https://energyandpolicy.org/utility-profit-report/

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[–] supersquirrel@sopuli.xyz 3 points 6 days ago* (last edited 6 days ago) (1 children)

My clipboard had old url in it when I posted it my bad. I fixed it. Sorry about that!

[–] DABDA@lemmy.dbzer0.com 2 points 6 days ago

Thanks :)