Electric Utilities Pocketed $244 Billion in Profit. Then They Asked You for More.
Your electric bill went up again this year. Mine did too — about $110 more than last year, which happens to land right around the national average increase. Meanwhile, the companies sending you that bill just wrapped up their best five years ever. From 2021 to 2025, investor-owned electric utilities pocketed $244 billion in profit …