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Fortune
Fortune
Kiran Bhatraju

What I keep hearing from Fortune 500 CEOs: 'We have no idea what we’re actually paying for power'

k (Credit: courtesy of Arcadia)

In the past 18 months, I’ve talked to dozens of CFOs about energy costs and keep hearing a version of the same thing: “We have no idea what we’re actually paying, or why the number keeps changing.”

One told me they missed their quarterly earnings per share (EPS) target because of a single regional utility’s price change.

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