Pa. governor says model for financing infrastructure improvements is broken
( April 29, 2026, 15:37 GMT | Official Statement) -- MLex Summary: Pennsylvania Governor Josh Shapiro sent a letter to the Pennsylvania Public Utility Commission, telling them the 20th century model for how utilities pay for infrastructure improvement is broken. "We can no longer simply prioritize corporate profitability to drive infrastructure development," he said. "Rather, we must be laser focused on delivering on the actual needs of our communities." Shapiro said 13 Pennsylvania utilities requested $97.5 million in higher rates in 2025, a year after those very same utilities earned a total of $1.4 billion in profits.See file attachment. ...
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