This is totally valid. I don't see a concrete way where they are saying this 13.5 billion spent is beneficial. My only take can be PTP raise rates most slowly than CMP would; I would happily eat some of that in taxes or something. Its kinda a shit deal either way; deal with CMP who I think suck and are shady or lets leverage the hell out of a deal that I doubt there is a full plan for.

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

No no, 3 billion in Maine, 12.6 billion total.

Pine tree power will be Non Profit, so you have to also factor in CMP's profits and remove that from the cost per person of the loan payback for the math to check out properly. I am sure everyone knows Pine Tree Power won't immediately make power cheaper, but what it will do is give the people of Maine more control about their power. For something such as power, a basic human need at this point in society, it shouldn't be a for profit company. By doing this takeover now, it might not make our lives immediately more comfortable but it paves the way for our future generations to have good lives as well.

From their SEC filing, 2722 (in millions) for Maine. Feel free to look, I did round up for ease, actually should have rounded down to 2.5 b.

It’s almost as if a deregulated utility is bad for the customers!?!?

CMP doesn’t earn 3 billion dollars, that AVANGRID has a whole with all its other companies combined. They own several other electric utilities, water, gas, wind and probably others

But also be realistic that it will still cost Mainers 13 billion dollars. People site how AVANGRID made 3 billion dollars but that is AVANGRID as a whole including all the companies under them. CMP some small fraction of it, probably millions

to only just buy CMP not including all the legal mess and cost, how many people we will need to hire to get this new company up and running. It going to be very very expensive.

Example what I mean, you can bet that majority of HR department is probably located at their head office. We probably need to build up the ground. I wonder how many other departments are located at their different locations or just spread out.

My guy, your “simple math” means fuck all.

Not sure where you’re getting $3 billion in profit. That’s like $3,000 per person.

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Math that uses CMPs own inflated number and doesn’t bother to take into account any revenue that would be coming in. Simple math indeed.

Taking over CMP will cost $13.5 billion. This is to pay for for the substations, poles, wires, energy control center, security infrastrcture (physical and cyber), IT systems, office buildings, etc. Divide that by 668,000 customers and it comes to $20,000 per customer. Before intetest.

Let's say hypothetically that Seth Berry and his merry minions conjure up a plan to spread the payments over 20 years. This still comes to $1000 per customer, per year.

$1000 per customer, per year. That does not even take interest and inflation into account. There is also no indication of how they will improve service or save anyone any money.

Simple math says Pine Tree Power is a horrible idea. So for the existing utility to fight this ill-conceived notion using an organization called Maine Affordable Energy makes perfect sense.

Because simple math proves that Pine Tree Power will drive up the cost of energy even more.

Also from the article...

"The MLA is demanding monetary damages for lost business and that the aquarium removes all defamatory statements to the industry. "

Proving the amount and dollar value of the alleged business loss will be key here. That evidence , like the evidence that Maine traps kill whales, is really hard to find.

Lots of interlinked things affect and cause market fluctuations.

13 Billion cost! (Checks calculator) so at 3B profit/year we can pay ourselves back in 11 years? And everything after that is fucking gravy? I know it’s not that simple I’m just countering the stupid ads.

It's a good school. I did the online MS Spatial Informatics program and it went well for me. The professors are great (many work on cutting-edge research), the classes are skill-oriented, and there are a ton of elective options. You can also pick up a Graduate Certificate while getting your Masters without having to take additional classes (you just have to choose the right electives). Some classes take place during the standard work day, but a fully asynchronous schedule is also possible (that's what I did since I was working full-time). I definitely think you should apply if you're looking for an affordable online program that is also academically solid. Good luck.

Sounds like your license expired while you weren’t using it.

Glad I don’t pay for cable to watch these commercials.

They're spending our money on these stupid fucking commercials. Insult to injury.

I did my Bachelor’s degree through Southern New Hampshire and it was a good experience. You can take more than one online course per term. I usually did two at a time but did 3 towards the end to try to wrap it up a little quicker.

Been a while since I’ve looked but if you can get courses done online through a local college it might be cheaper. Not sure if community colleges offer core courses online… and then get your degree specific courses done at a college that offers them… worth looking into.

THATS WHY HE LOOKED SO FAMILLIAR!! I KNEW I had seen him somewhere before. Thanks for bringing closure to this for me 🙏🏻

I won “ What’s on Mark Persky’s desk” back in the day

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I love how they are using “No line is safe to touch” guy in their commercials. Yeah, no one is going to put together the fact that he is a well known CMP employee and spokesperson.

With Mark Persky (dunno if I spelled the name right)