There is no reason why electric companies should be winning over regulators and consumers, but they are.
The system remains broken and is a dreadful display of hypocrisy, confusion, and avoidable complications. In fact, lawmakers refuse to introduce a bill designed to end the deceptive marketing practices that electric companies use to reap massive profits every year. Lawmakers who received the report from the state regulators have implied that everything is fine, and they don’t need to make any changes. Earlier this year, the Public Utility Commission sent lawmakers a report about the incredible and ludicrous electricity spending it regulates. It's obvious that America has an energy crisis-a lack of energy reform from lawmakers and the Public Utility Commission about correcting the crooked business of selling overpriced electricity to consumers.īoth sides allow the other to do nothing. But, thanks to this new Nikola-Tesla-inspired technology, consumers can save hundreds and even thousands of dollars per year on their electric bills.Ī recent study suggested that most Americans are overpaying for electricity by an overwhelming $27.6 billion dollars each year. As the price of electricity steadily increases each and every year, it can stretch a budget extremely thin.
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