gn84 t1_iwqdbn1 wrote on November 17, 2022 at 3:53 PM

Reply to comment by SkiingAway in Eversource customers could face another rate hike as utility tries to lock in new contract by netnothing

NH is a net exporter of electricity. That regional market is screwing us over.

SkiingAway t1_iwqi009 wrote on November 17, 2022 at 4:24 PM

Power grids are designed and structured regionally, regional markets are the result of the way you build those systems.

New England has a power grid. New Hampshire is not some piece of it that you can break off and have function by itself.

ArbitraryOrder t1_iwqwc6i wrote on November 17, 2022 at 5:58 PM

Did they not see the issues with ERCOT being unable to buy power?

It is amazing how much people complain without a clue about how their suggestions would spiral completely out of control.

It's a combination of lack of technical knowledge, lack of understanding of Basic Macro and Micro Economics, Populism, Xenophobia, and nihilism about companies.