Let's Make a Deal
If I were governor of Maine, I would offer a deal to Charlie Baker of Massachusetts that could make NECEC the best for the both state electricity consumers The word on the street is Massachusetts' utilities will be paying 5 and half cents per kilowatt-hour for the electricity supply from Hydro-Quebec which is 4 cents per kilowatt-hour less than the ISO-NE wholesale market price, meaning the utility receives 4 cents per kilowatt-hour by reselling the Hydro-Quebec purchased power to the ISO-NE wholesale market,. This is a great windfall that becomes a rate reduction for Mass. utility customers. But none of this happens with Maine people kept from a share of this bonus money. And if the pie isn't sweet enough now, the Mass. utility customers would be gleeful to know the wholesale price for electricity is going up next year making the differential between HQ prices and ISO-NE prices going up to 13 cents a kilowatt-hour.
A deal where Maine would receive a share of this windfall through CMP and Versant shouldn't be hard to broker. Compare our customer base with Massachusetts' customer base and arrange the split correspondingly.
It is becoming painfully obvious that electric supply prices from the wholesale market are never going to be below 5 and a half cents per kilo-watt hour ever again. Inflation strikes all markets.
This provides Maine and Massachusetts customers instant relief once NECEC is up and running. If people can't live with that, they must state where their values are and why they would deny a significant rate reduction for Maine people burdened with ever escalating electricity costs.
And it doesn't hurt that this power is not intermittent.
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Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(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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