More Utility Bills Go Unpaid

Dandelion Salad

By REBECCA SMITH
WSJ.com
NOVEMBER 3, 2008

Consumers’ Economic Struggles Spur More Power Shutoffs as Firms Step Up Collections

Utilities are becoming more aggressive about collecting money from delinquent customers, leading to a surge in service shutdowns just as economic woes are pushing up the number of households falling behind on bills.

The utilities say they are under pressure to clean out accounts that are weighing down their books at a time when their stocks are being hammered and earnings growth has slowed.

Meanwhile, the increasing number of homes left without power — which could rise as economic pain deepens — is beginning to worry some consumer advocates and regulators.

[…]

via More Utility Bills Go Unpaid – WSJ.com

h/t: Speaking Truth to Power

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

see

Utility cut-offs on the rise in the US – “More than an energy issue, a serious public health issue”

The Economy Sucks and or Collapse

3 thoughts on “More Utility Bills Go Unpaid

  1. No kidding, libhomo. It’s absolutely obscene how the utility corporations can rake in so much money and so many people will be left in the darkness and cold. I’m afraid it’s going to get much worse in the near future, unfortunately.

    Suggestion: nationalize the utility companies. Yes, it’s Socialism.

Comments are closed.