Several years ago, a man was thrown up against a wall and handcuffed in front of his board of directors. He was the manager of a public utility in a rural area of Utah; a disgruntled employee or two made claims to the Public Service Commission of cross subsidization between their regulated and unregulated operations. The PSC and the attorney general's office acted on these claims. (Two years later he was exonerated. Charges were dropped because there was, in fact, no cross subsidization.)The unregulated utility Provo Power is allowed, it seems, to flagrantly engage in open and brazen cross subsidization of their failing iProvo operation with impunity. Because the city owns the power company, it appears they can do things that will get you arrested in the private sector. Doesn't seem fair.
president Beehive Telephone Co.