Submitted by easy_peasy_woeisme t3_10kdo3l in Maine
New_Sun6390 t1_j5rczct wrote
Reply to comment by metalandmeeples in Remind us again why CMP is doubling and worse our electric bills? by easy_peasy_woeisme
In virtially every case, the regulators cut the increase down to a fraction of what the utility asks for. This means the utility will not be able to invest in the grid to improve service.
metalandmeeples t1_j5rdzmq wrote
Unfortunately for CMP, perception is reality. This is especially true when it comes to referenda. CMP has an uphill battle to fight and they are the lowest ranked utility in the entire country. They are currently spending millions on astroturf campaigns, but they need rate increases to improve the grid? Best of luck to them, they're going to need it.
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