When Utilities Pay, So Do Consumers
Too many state and federal officials seem to have fallen themselves for the assurances they blithely dish out to taxpayers, that somehow, increases in government spending won’t cost anyone anything.
West Virginia Public Service Commission officials need more money to repair the PSC headquarters building in Charleston. So the PSC will charge the utilities it regulates an additional $2.25 million annually for 10 years.
A PSC spokeswoman reportedly said the increase will not cost utility consumers anything. “It’s a cost of doing business for a utility in the state,” she noted.
Really? Every penny utilities spend for any purpose comes from consumers. Somehow, directly or indirectly, that $22.5 million will come out of Mountain State residents’ pockets. It’s a real shame at least some of those at the agency that approves utility rates don’t understand that.