LPSC Foster Campbell Says Utility Bills Are Inflated
Foster Campbell, the Chairman of the Louisiana Public Service Commission, is claiming that utility bills in Louisiana are inflated that customers are paying the price. He has publicly stated that utility companies can only make so much profit, and that the low interest rates for borrowing for the companies means high profit margins for them.
He says they have exceeded the amount of profit that they can make and that money should go back to the consumers.
According to Campbell, it is the LPSC's job to search for what's in the best interest of the people in the state of Louisiana.