It’s an excellent book. I’m so grateful that someone on Twitter back in the day recommended it to me. I would love to thank them. 🤔 Perhaps recommending it to others is the thanks that person would most appreciate.
Taking Action 4 US🇺🇸🇪🇺🇺🇦🇩🇰🇬🇱🇨🇦🇩🇪📚📗
@takingaction4us.bsky.social
2.1K followers 3.1K following 3.5K posts
Interests: democracy—is it crumbling beyond repair at home🇺🇸& where I live🇩🇪,history, ethics, science, foreign policy, education, communication, art, leadership, food… Big fan of 13th, 14th, & 15th Amendments My dog’s name is Ginsburg
![Book Cover with the following text in black letters on a light blue background & a graphic of a fire extinguisher between the title & the subtitle 
THIS IS THE PLAN
[red fire extinguisher graphic]
How to End America's Meltdown and Save Democracy
BEN WIKLER](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t66qn6iejw5s5whg4du2nxxx/bafkreifq6hwabvyyuqpnntyi3ym5i4p27uyrt37few4nwckh4b5xhvfeyy)
![jeffjacksonnc • 13h
A few days ago, I told you about our new case to stop the 15% rate increase Duke Energy is proposing. The interest was huge, so here's some more detail:
- Duke Energy Carolinas - which serves mainly central and western
NC - is asking permission to raise rates by about 15%, to begin early next year. (Note: Duke Energy Progress serves mainly eastern NC.)
- It has to ask permission because it's a monopoly. That's how our state law is written.
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Q36 50→ 10
jeffjacksonnc • 13h - Author
Duke gets to be a monopoly, but the check on their power is that rates are set by our Utilities Commission.
- The Commission has five members. Two are appointed by the Governor, one by the State Treasurer, and two on the recommendations of the Speaker of the House and the Senate President Pro Tempore.
All must be confirmed by the General Assembly.
- Our law says rates must be "fair both to the public utilities and to the consumer."
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jeffjacksonnc • 13h - Author
It uses a rough formula that takes into account the value of the utility's property, its expenses, its revenue, and a "fair return for its shareholders."
07 Q1 GI
jeffjacksonnc • 13h - Author
- What constitutes a "fair return for its shareholders" is open to debate, but our law goes into some detail: "[E]nable the public utility by sound management to produce a fair return for its shareholders, considering changing economic conditions.... to maintain its facilities and services in accordance with the reasonable requirements of its customers in the territory covered by its franchise, and to compete in the market for capital funds on terms that are reasonable and that are fair to its
07 Q2 G2](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:t66qn6iejw5s5whg4du2nxxx/bafkreifflv26zl76bumvxv47czezpy6pg3gtg3rnxgg7pwfny7i3cyg46i)
