Recent comments in /f/Maine

6byfour t1_jcadt2w wrote

I didn’t say it was helping consumers. Consumers get screwed because they don’t pay attention, and that has zero to do with CMP. That said I don’t see how it is hurting them in the context where you said it.

If you said your car had a flat and I said, “SEE? Competitive supply!” And rubbed my beard, you’d look at me funny.

I’m looking at you funny, because the existence of a deregulated supply market has exactly nothing to do with CMP buying ads, which is the topic you responded to and a bunch of people upvoted.

0

Supabee78 t1_jcadf8m wrote

I moved from South Carolina where we had a public owned co-op. We got better service and cheaper bills than the Duke Energy households. When the public owns the utility there are no shareholders to pay and you are not trying to make a profit. It is not a hard concept to understand.

2

Own-Angle3090 t1_jcaa423 wrote

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!

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GottaUseFakeNames t1_jca83vg wrote

oh fuck bub, i’d have the cock sucker de-limbed, sectioned, loaded in the back of my truck, and a brush pile formed in the yard to burn this weekend (while i drink a few glasses of Allen’s) and still have time to stop by dunks for coffee on the way to work.

44

Solar_Saves t1_jca4v55 wrote

The only people that will save (make!) money off of this buyout are the banks which finance it and lawyers that write the paperwork.

We the people that purchase electricity won’t save a penny in delivery costs, remember that CMP just owns and cares for the hardware that delivers electricity, they don’t make electricity.

Those who created this initiative did so because of CMP’s customer service ratings, but have not released any plans on how they would improve CS ratings. I believe that if this purchase goes through, they will hire some bidder to run the company…

No guarantees of any improvements, just a whole lot of bullsh!t procedures that will make lawyers rich as they process the changeover and some currently unknown entity (low bidder) will be hired to run the corporation.

Better the devil you know than the devil you have no idea about, wasting millions of dollars to process the change of ownership…

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Sea_Meaning8589 t1_jca4d4e wrote

Sigh. Your comment was that 'Deregulation in the utility industry means that supply can be bid competitively' and the report points out that that has approach has not worked for consumers. So, when you ask 'Which part of deregulation has hurt you here?' the answer is 'the whole deregulation part.'

9

6byfour t1_jca3n4m wrote

The issues raised in the report are well known.

I’m failing to see the connection between that and the issue you replied to.

CMP did not create and does not operate Maine’s competitive market. It’s better for them if it’s a thriving market that helps consumers but they really have nothing to do with it. Competitive suppliers are competing with a price the system sets, not CMP.

Not seeing your point.

1

Antnee83 t1_jca0rli wrote

No shit, my (video) ad exposures per year has to be in the single digits, almost all of them come from gas station pumps. Ads make me irrationally angry.

Firefox, ublock origin and sponsorblock for my internet, and I don't have cable.

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Coffee-FlavoredSweat t1_jc9yyvj wrote

You’re so close to getting it…..

Pine Tree Power will have to subcontract operations to another company. So you may own the plane, but you still have to pay a “BUTT LOAD OF PROFIT” to whichever company they contract to do that.

To stick with the plane metaphor; you’re buying the plane from United just to say you own it, but then you’re contracting it to Jet Blue, because you don’t know the first thing about plane ownership.

So now you’re paying back the loan you took out to buy the plane, AND you’re paying jet blue to manage it for you.

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