TransparentCMP

TransparentCMP t1_jdb8s62 wrote

They will honor the contracts. The referendum says……

  1. Existing obligations. All existing agreements, obligations and contracts, including but not limited to long-term contract obligations and net energy billing agreements of an investor- owned transmission and distribution utility, must be transferred to the company and any counterparty to an agreement, obligation or contract shall accept the assignment of the investor-owned transmission and distribution utility to the company.
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TransparentCMP t1_j5rfde3 wrote

I understand argument that the cost of energy is going up and CMP just transmits it. However, I wonder how the 42 million they spent defending the corridor as well as the 11 million spent so far fighting Pine Tree Power so far factors into the equation. Is it considered an operating cost therefore reducing “profits”? I can’t seem to find any info on CMPs profits. This would be important info to have for discussions such as these. If anyone knows where to find this info please share.

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