The company that provides electricity to my apartment is PSE&G (a division of PSEG, which is merging with Exelon, just to confuse matters more). They successfully lobbied the state of New Jersey to be allowed to raise customer prices, so I’ll be looking at a 10.6 percent increase in my heating bills.
Updated February 6, 2012 and originally published August 18, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.