Ok_W0W

Ok_W0W t1_jc6co6e wrote

It will be bonds taken out against revenue. Similar to the MTA. However, the MTA is very expensive. It costs $10 in tolls round trip from York to Portland. PTP claims rates will drop 10% on “day one” but that’s not realistic. Rates will be higher for probably ten years, there is a London Economics Report that shows rates staying high and actually rising in certain years. Plus, that was done before the almost 4% rate hike. With banks failing (SVB), money will likely be even harder to get.

Not to mention, supply has risen 120% over the last two years, PTP will do nothing to address that. And, that imo is the most crucial issue. I will not be voting for PTP until they figure out supply.

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Ok_W0W t1_j1v4bt8 wrote

Not sure why disagreeing with you make me a “corporate shrill.” And sorry Reddit isn’t my entire life and I don’t have such an awesome commenting history and wonderful (and made up) Karma score, as your account that is about 100 days older than mine.

But, go ahead resort to name calling when someone brings up facts you don’t like. I won’t apologize for speaking out on an issue that I am interested in.

I think PTP’s plan is not well thought out and I think it will cost Mainers and that rates will rise.

Not sure why that evokes such an emotional response for you. Others seem perfectly capable of talking about the facts without calling names.

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Ok_W0W t1_j1uzym1 wrote

CMP/Versant is not responsible for the huge rate increases recently. That’s all on the supply side. For example, NextEra, Hugh natural gas company, fought against the corridor and then got a huge 120% increase on the supply side. It had nothing to do with CMP/Versant.

Also, that JD power study is super flawed. They are not “literally the last in the nation” because it doesn’t cover all utilities. Plus, the questions are flawed, it’s pretty misleading.

But, the most important thing is that PTP just complains about CMP/Versant but can’t claim It will lower rates as rates will likely rise.

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