Wednesday, December 08, 2010

Utility's green strategy comes with rate increases (Only 100%)

Customers of the Los Angeles Department of Water and Power could see electricity bills go up an average of 3% to 5% over each of the next 20 years if the agency moves ahead with a new strategy for making itself greener, utility officials said. Even with those rate hikes, however, an array of environmental groups criticized that strategy Monday, saying it backs away from some of Mayor Antonio Villaraigosa's most ambitious renewable energy goals. The rate-hike projections were announced as the DWP unveiled a draft plan that lays out the cost of the utility's proposed fuel mix over the next 20 years...more

I thought these guys were for the poor, the economically disadvantaged and the middle class. So why are they raising their utility rates 100%? I guess their policy is be green or be gone.

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