How do you think you meet that balance if you're on the commission? Well, statutorily, the Utilities have a guaranteed rate of return, about a little over 10% for AP's. for example. The current regulations, unfortunately, actually provide a regulatory subsidy for investing in more expensive infrastructure. So that's why they're talking about building new methane plants to power the peaks. (20:00–20:07)
CLAIM
Asserts that utilities like AP's have a guaranteed rate of return of over 10%.
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