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!
Own-Angle3090 t1_jcaa423 wrote
Reply to Maine Affordable Energy is CMP by [deleted]
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!