From Wisconsin: Why Are We Paying We Energies $430 Million in Profits on a Coal Plant That Shut Down Last Year?
The article below was written by Thomas Content, who is the Director of the Citizens Utility Board of Wisconsin. The Wisconsin CUB eloquently argues that the government-approved monopoly utility company in Wisconsin should not get to profit on a coal plant it shut down before the end of its useful life. I couldn't agree more. The most important thing you can remember about utility companies like Xcel Energy and WE Energies is that they are not private companies. They are government approved monopoly utilities that are guaranteed to make a profit. You have no choice but to purchase your electricity from the utility...Continue reading