Under Obama's budget proposal, most of the funds from permit auctions are rebated to consumers through the making work pay tax credit. Under these circumstances, regulators would be more inclined to allow reasonable rate increases.
If I recall correctly, Berkshire's annual report noted that Midamerican had made significant investments in wind energy. They will raise their rates less than other utilities who have not made alternative energy investments.
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Under Obama's budget proposal, most of the funds from permit auctions are rebated to consumers through the making work pay tax credit. Under these circumstances, regulators would be more inclined to allow reasonable rate increases.
Mar 18 11:34 am
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All Comments by weiwentg »Berkshire Hathaway: Climate Change Impacts Insurers [View article]
If I recall correctly, Berkshire's annual report noted that Midamerican had made significant investments in wind energy. They will raise their rates less than other utilities who have not made alternative energy investments.