In my area, SW Virginia, Appalachian Power, a division of American Electric Power (AEP), increased its rates by over 15%, marking the 13th rate hike in 5 years. By law, this rate hike will need approval from the SCC, a state board, but AEP is allowed to increase the rate in the interim, and if the hike is not approved, they will have to refund the difference. With the recent cold snap, this has resulted in families seeing double or triple amounts due on their bill as compared to previous months. Now many families are forced to choose between electricity or medication and groceries. Should this happen in America? Should companies be allowed to run a monopoly on necessities? It's not like there is a choice of having electricity or not having electricity, as not having it would result in the death of many individuals. What's your opinion?
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