How Utility Profits Drive the Energy Affordability Crisis
State regulators are setting utility profit rates too high, allowing utilities to overcharge customers by billions in order to overpay their investors.
A tool to help consumers, reporters, and policymakers explore the effect of utility profit rates on electricity bills.
Electric bills are too high because utility profit rates are too high. State utility regulators set these profit rates — and they’re much higher than they need to be. States also guarantee utilities a monopoly, meaning customers can’t shop around for a lower rate.1 Use the calculator below to see how much more you’re paying per year due to these excessive utility profits.
Enter your state and monthly electric bill amount to see how much excessive electric utility profits are costing you.
Select a state, and either enter or select your monthly bill amount to calculate your yearly overpayment
Enter or select your monthly bill amount to calculate your yearly overpayment
Your annual electric bill does not include excessive utility profits.
State regulators are setting utility profit rates too high, allowing utilities to overcharge customers by billions in order to overpay their investors.
Mark Ellis spent years as a chief economist and chief of corporate strategy for investor-owned utilities. He now testifies in support of intervenors. Here are...
Climate leaders can revitalize the movement by rallying against excessive utility profits.
ILSR’s blockbuster report exposes investor-owned utilities as an abusive monopoly harming our communities, climate, and democracy.