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Utility Rates Remain Frozen Extended By Price Commission
The Price Commission extended the utility rate freeze to March 25, delaying an end date by 15 days. Regulators will issue new rules early next week, with no clear signs of which entities will be affected. The freeze covers utilities including railroads and airlines, staying at February levels to allow tightening of vague regulations and to ensure continued service and capital needs. Electric and telephone firms argue inflation and rising fuel, equipment, and interest costs justify larger future increases.
MENTIONED IN THIS ARTICLE
Bearane
Price Commission
Jackson Grayson Jr
Grayson
Grayson Said the Temporary Freeze Was Ordered To Give the| Commission
Price’ Commission