Saturday, May 31, 2008

Energy Prices Going UP...UP...UP

Ok. I hear that AC electric has been approved a 11% increase effective TOMORROW June 1st. I love how the Board of Public Utilities (BPU) allows the company to raise the rate as the AC season starts and it takes effect in 2 or 3 days. Now I hear that South Jersey (G)ass will get approval for a 18 percent increase.
They claim they make no profit but I am skeptical since how do they afford those nice buildings and executive perks. They should be made to run like a non-profit and then they might understand the pain they give everyone elese. Note this picture was taken 2 weeks ago!

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