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Yesterday's news that the UK fell into a recession in the second half of last year was the last thing we needed to hear.
Duke on Wednesday notified the Florida Public Service Commission that it will seek to increase base rates by $596 million in 2025. The plan would increase the rates by $95 million in 2026 and $127 million in 2027.
The nation is crying out for an interest rate cut and on Thursday the Bank of England has a chance to give us one.
We've got so used to inflation falling every month that today's increase is a bit of a shaker. Yet with luck, it will be an outlier.
Idaho Power customers will see base rate increase on their bills in January.