Own-Angle3090 t1_jcaa423 wrote
Everyone is missing the fact that cmp and versant will now be owned by the govt. Over time the initial purchase will be paid, then the state will start making money on it, all the while collecting taxes on their publicly owned utility. The govt will make profit, ever does that go? Not back to the rate payers, that's for sure. Pine tree power is just a shell. The whole thing is a bad idea, govt is never the answer!
Mainah888 t1_jcaaz6a wrote
None of that is true. That's not how it works.
butterbean_11 t1_jcbpyd4 wrote
In Denmark and the Netherlands, for example, their electricity is all publicly-owned. It's gone so well that in the Netherlands, there's a law against privatizing it.
goonmaster696969 t1_jcd8w2n wrote
from what i see googling this, the price per kilowatt hour is over double maine's rate in both countries. does this turn out to be cheaper through some other fees?
butterbean_11 t1_jcd9tqo wrote
I'm not sure, to be honest. I think it's tough to compare energy rates because there are so many variables, like cost of energy source, etc.
Personally, I'm more interested in customer satisfaction- which we do know here in Maine, we don't have.
goonmaster696969 t1_jcdcq3t wrote
people are going to be really satisfied when they have to pay nearly 2.7x as much and then competition is made illegal by law lol
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