Utility profits are soaring on the backs of captive electric ratepayers while policymakers fail to act on common-sense policy guaranteed to reduce consumers‘ electric bills. If America knows one thing, it’s that competition reduces costs, increases innovation, and delivers better value to consumers. An April 2025 executive order, “Reducing Anti-Competitive Regulatory Barriers,” directs agencies to dismantle rules that shield companies from competition. Without competition, a monopoly utility has no incentive to reduce costs because the more it spends, the more its profits increase. There are significant planned increases in utility transmission spending.