Large Utilities Have Made $14B in Profits as Millions Fall Behind on Payments

As millions of Americans have fallen behind on utility payments amid skyrocketing energy prices and inflation rates, top U.S. utility companies have made billions of dollars in profits, a new analysis shows. According to a report released Tuesday by Accountable.US, the nine largest U.S.-based utility companies made nearly $14 billion in the first three quarters of 2022…

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