Thursday, June 14, 2007

Nevada Power in the news again


Today we are told that Nevada Power has to pay fines of many millions of Dollars for violating the Clean Air Act. We are further informed that the fines will not affect consumers by a rate increase.

How glib is that?

We are now paying 11% or so more in order that Nevada Power can purchase new capital equipment (L.E. Fant considers that duty to be one of its shareholders-not its customers).

Inquiring minds ask whether payment of the subject fines will cause disruption to Nevada Power's bottom line, thus precipitating a further money grab through our PUC (of three people) to our pockets.

Where is the famed "I-Team" when there is a real issue such as this to investigate?

It appears that Nevada Power operates on a "cost plus basis." We pay whatever it takes to maintain its profit at healthy levels regardless of its mis-management.
Please contact your elected representatives regarding this-we need to stop the bleeding dry of our individual financial resources by this for profit monopolistic corporation.

Home made slow roasted rare beef.

No comments: