Quote:
Originally Posted by Mathgod
My complaint isn't about things costing what they cost.
My complaint is a gazillion "administration fees" that come across as cash grabs.
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Understood, the admin fee on the top part is what you are paying your retailer to administer your bill.They make some money off of this.
Rate riders are things that are used to true up the regulated provider for things in the past, these can be both in the forms of rebates and charges.
The franchise fee is charged by your local municipal government effectively in lieu of property taxes and is flowed through directly to the customer.
It’s all highly regulated, they aren’t making money off of really any of those items. They make money through the return on equity of the investment in their rate base which would be in the delivery charge portion.