An analysis of utility spending and reliability across the nation by the Associated Press shows that electric customers today are paying 43 percent more than in 2002 to maintain local infrastructure. The analysis also showed that, while power outages are not more frequent, it now takes longer to repair them than it did in 2002. This combination shows experts that utility companies may not be spending their money wisely and may not be investing enough into upgrading the current electric grid. The older the grid gets, the more expensive it is to maintain. Since maintenance costs are passed to the customer, this is why utility bills have been rising while energy costs lower.
Read the full article here: US Power Grid Costs Rise, But Service Slips
