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First, utility prices are really your state's responsibility (as in, they ultimately decide how expensive it is). Things like driving for green energy and cance
by hervature 5y ago
First, utility prices are really your state's responsibility (as in, they ultimately decide how expensive it is). Things like driving for green energy and canceling pipelines add to the cost. Obviously, the hope is that it pays off in the long run. Second, [1] is Nevada decreasing prices last year. Your "lifetime of data" is really a data point of n=1.
[1] - https://www.nvenergy.com/about-nvenergy/news/news-releases/pucn-approves-nv-energy-rate-decrease-for-southern-nevada-customers https://www.nvenergy.com/about-nvenergy/news/news-releases/p...
- VincentEvans 5y agoPerhaps you are right. My life experiences in US date back to 1995. I can’t think of a single utility or typical household spending bill that was more expensive in the past than it is now. Can you think of one?
- hervature 5y agoNot even the five dollar footlong lasted much longer than a decade. Outside of new technology, nothing is going to get less expensive over the time span of 30 years. That's guaranteed by the 2-3% inflation target.
- VincentEvans 5y agoI don’t disagree with what you said. I am of the opinion however based on my experience - that these large jumps as we experiencing right now - tend to stick and make you wish for the good old 2-3% inflation.