wallet535 OP t1_ixeajgt wrote
Reply to comment by DooDooBrownz in Should the state regulate Internet service pricing similar to utilities? by wallet535
Yeah I know it sucks, but what would have happened to rates without the regulator?
DooDooBrownz t1_ixeb6px wrote
does it cap increases or something? im genuinely curious, cause a rate hike of 100% seems like they can charge whatever they want
wallet535 OP t1_ixecvd7 wrote
Basically utilities are allowed to recover their operating expenses plus earn a reasonable return on their capital investments. See here for a quick overview: https://en.wikipedia.org/wiki/Utility_ratemaking
Viewing a single comment thread. View all comments