Your electric bill is rising faster than inflation, and it's no accident. Utility companies are guaranteed a profit on every dollar they spend, whether it helps you or not. We break down why your bill keeps climbing. #Velshi
msnbc.com
Why your utility bill keeps outpacing inflation
Utility costs are outpacing inflation, even as millions of Americans struggle to pay their bills. Critics argue the problem lies in a broken business model that rewards utilities for spending more, guaranteeing them a profit on every dollar they invest, whether or not it's necessary.