That was one of obama's campaign promises and it's happening in Los Angeles.
L.A. utility rates: L.A. DWP seeks rate hike to meet expenses - Los Angeles Times
The average utility bill for Los Angeles Department of Water and Power customers will need to increase by $19 over the next three years to meet expenses, the head of the agency said Tuesday.
General Manager Ron Nichols said an annual increase of about 5% for both water and electricity rates is crucial to the DWP complying with new environmental requirements and protecting its credit rating.
While residential bills will rise, businesses will pass the costs of their own hike to consumers who will be paying commercial increases right along with their own.
The obamapain just keeps getting better.
L.A. utility rates: L.A. DWP seeks rate hike to meet expenses - Los Angeles Times
The average utility bill for Los Angeles Department of Water and Power customers will need to increase by $19 over the next three years to meet expenses, the head of the agency said Tuesday.
General Manager Ron Nichols said an annual increase of about 5% for both water and electricity rates is crucial to the DWP complying with new environmental requirements and protecting its credit rating.
While residential bills will rise, businesses will pass the costs of their own hike to consumers who will be paying commercial increases right along with their own.
The obamapain just keeps getting better.