Recent comments in /f/Maine

6B4C8C8 t1_jc84em6 wrote

The assets in the rate base are depreciated, so fair market value could be higher than that. Also we don't know what is and isnt included in rate base asset. Does it include their office buildings? Trucks? I honestly have no idea, but I'd imagine it's less than the total FMV of CMPs assets. The maine utility regulator might have a more detailed breakdown.

That said I doubt there's anything stopping CMP from inflating the number to 13.5bn in the commercial. So your answer is really it'll cost likely more than 2.7bn, but less than 13.5bn.

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satanshark t1_jc83189 wrote

Nice try, Edible Arrangements owner. How in the heck did Edible Arrangements, of all things, survive the economic downturn of 2008? The pandemic? How is fruit cut into the shape of a star so insulated from market disruption? I don’t know what you all are trafficking or laundering, but I remain convinced this is some sort of front operation backed by big pineapple.

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6B4C8C8 t1_jc81inr wrote

I think you're confusing Rate Base with profit. There's a footnote defining Rate Base. It's not a revenue or profit figure.

"“Rate base” means the net assets upon which a utility can receive a specified return, based on the carrying value of such assets. The rate base is set by the relevant regulatory authority and typically represents the value of specified property, such as plants, facilities and other investments of the utility. These rate base values have been calculated using the best estimates as of December 31, 2022. "

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satanshark t1_jc7vuvj wrote

I have a history of registering my vehicles up to several months late. The town or city clerk will not even question it. At 150 days expired, operating the vehicle becomes a criminal violation rather than a civil infraction. I’m fairly certain the practice, at least in Cumberland County, is to not arrest the driver solely for that offense anymore, and instead summons them to court. That’s more information than you wanted, but yeah, just register your car; you’ll be golden.

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[deleted] OP t1_jc7udpl wrote

https://www.avangrid.com/investors/investors/secfilings. Totally agree; unless they are stating something incorrect on their regulated documents. 2755 in millions is billions yeah? (not sarcastic but serious) I doubled checked a bunch since it seems crazy. 1,120 for distribution, 1,520 for transporting, 82 for their gas arm. It states all are millions.

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