In the News Governor Gretchen Whitmer Enacted A Law Expected To Inflate Electric Bills In Michigan, Now Some In Wisconsin Want To Follow Her Lead
“Unlike a regular business, that charges what the market will bear and tries to keep costs down to make a larger profit, transmission costs receive guaranteed cost recovery through surcharges to customer electric bills,” writes Josiah Neeley, senior fellow at the R Street Institute. “Since the cost of building approved transmission projects is automatically added to consumer bills, any wasteful overspending in the completion of transmission projects ultimately falls on the back of consumers.”
