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[deleted] OP t1_jc7r05t wrote

Reply to comment by New_Sun6390 in Maine Affordable Energy is CMP by [deleted]

[deleted]

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No_Landscape4557 t1_jc7smtb wrote

My guy, that be the bill to just pay off the debt of buying them out without interest. You will still have your normal bill which roughly will be half generator cost(which CMP has no control over) and other half is delivery cost which they have some control.

Pine tree power will by default have to charge you cost to pay back the massive debt, generating power cost, delivery cost, cost to hire people to run the company. And last but not least, charge enough to get the capital to make these “grid improvements”

So your bill going to at minimum double is not triple. So will mine

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[deleted] OP t1_jc7tst8 wrote

I don't think we would see the debt payback in our electric cost cause of the rate increase as you said. It will get hidden in some tax or something.

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No_Landscape4557 t1_jc7u4wt wrote

It’s a debt that will be owed by Pine Tree Power to pay back not our government. All Debts by pine tree power will have to be earned through the electric bill not hidden in some state, paycheck tax removed.

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[deleted] OP t1_jc7v4nx wrote

Yeah that will be a joke; bad deal either way honestly.

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