Will electricity bills stay low?
Expert: Market won’t always produce savings
STERLING – Residents in many towns are seeing their electricity bills drop, thanks to greater competition.
But such savings might not last – at least according to one watchdog group.
“You can’t trust the market to forever give you savings,” said Jim Chilsen, a spokesman for the Citizens Utility Board. “Electricity prices go up and down. You have to rely on other consumer protections, such as efficiency around the home. Efficiency is the only long-term way to save on your electricity bills.”
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