Miss Walden, would you have approved this latest AP's rate increase? So I haven't reviewed all the documentation. I mean, there was 500 pages of documentation of things that AP's had to build. So Our rates are historical. The utility has to pay for the energy generation first, and then they get reimbursed in the rates. So we are back paying the utility companies and they present a documentation of natural gas expansion, transmission lines, transformer replacements, all that stuff that runs, goes into infrastructure and keeping the lights on, keeping things reliable. (27:05–27:13)
CLAIM
Asserts that utility companies pay for energy generation upfront and get reimbursed through rates.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
