
08/08/2025
Utilities across the country, including those in Missouri, have been raising their prices to recoup costs of energy investments and the price of fuel. But for the most part, customers don’t want to pay more – and there aren’t other options for them to choose from.
That’s because it’s usually easier for just one company to make or deliver electricity to a town.
“If somebody is already running wires down your street, it's both economically inefficient and just a bad business idea to say we're going to spend a lot of money to do exactly what they're doing already,” said Severin Borenstein, a professor of economics at UC Berkeley.
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