Government Takeover of the Electric Sector is Costing Maine Ratepayers an Arm and a Leg

Stranded Costs at 750 kilowatt hours per month comes to $8.40 per month

Efficiency Maine Trust received $38,552,953 of ratepayer money from CMP customers in 2022

CMP Disclosure to the PUC reveals residential customers consumed 4,053,651,315 kw-hr of electricity in 2022

This comes to .951 cents per kilowatt-hour, at 750 kilowatt-hours a month, that comes to $7.13 per month

The purchase of renewable energy credits to pay for government's energy program for all CMP  customers was about $38,400,000. All rate classes are subject to pay for renewable energy credits and the residential customer at 750 kilowatt-hours per month pays an extra $2.84 per month

If one uses one heat pump, CMP reports that costs an average of $955 per year or $79.58 per month. Chances are if one uses a het pump they exceed 750 kilowatt hours per month which is when the 5.5% sales tax on electricity kicks in.

There are more costs associated with the government's takeover of the electricity sector, utility administration compliance costs, carbon taxes collected by RGGI, retail electricity costs to apply renewables to their sales portfolio and the hidden costs to maintain reliable generators on the ready to backstop renewables.

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Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

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Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

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(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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