<<http://slacktivist.typepad.com/slacktivist/2004/09/subprime_electr.html> >
Reuters reports that TXU Energy, the biggest utility in Texas, intends to increase its rates -- but only for those least able to pay: In a new rate-setting tactic for electric utilities, the unit of Dallas-based TXU Corp. plans bigger rate increases for customers with low "credit scores," which are numeric rankings that take into account customer histories of paying electricity, phone and cable bills, the Wall Street Journal reported. I'm not sure whether this is more evil or stupid, but it's a whole lot of both. Your "credit score" can be lowered for many reasons -- some legitimate, some arbitrary, many which you are helpless to change regardless of how responsible you may be. One variable which inevitably results in a lower credit score is a lower income. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
