Net Energy Billing Indexed to Electric Supply Costs Unbelievable Costs to Non-Participating Ratepayers

CMP estimates costs of the Maine Solar Subsidies with Net Energy Billing for 2023 will be almost 10 times the 2022 costs due to the rise in electric supply prices 

2022 estimated Solar Costs to CMP Ratepayers = $97.89 million dollars

2023 estimated Solar Costs to CMP Ratepayers = $937.47 million dollars(Damn Near a Billion Dollars!!!!)

CMP Notes That SOLAR NEB Participants Can Escape These Costs Thanks to Legislative Screw-Ups.

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Comment by Steve Thurston on April 3, 2023 at 1:22pm

Thanks for this Dan. It didn't take the entire iceberg to sink the Titanic, just the tip.   This is the tip of the iceberg for Maine. 

Comment by Steve Thurston on April 3, 2023 at 12:43pm

Vermont's own PUC admits net metered solar is by far the most expensive carbon reduction scheme.  Regardless, the legislature continues to offer 25 year contracts for net metered solar for $98/mWh.  100kw wind gets $258/mWh for 20 years! 

Comment by Steve Thurston on April 3, 2023 at 12:38pm

ISO-NE energy costs have gone down with the cost of natural gas and reduced demand due to industries leaving New England but capacity payments have increased as more wind and solar have come on line.  We need more Hydro Quebec, more nuclear, more domestic natural gas pipeline.

Comment by Steve Thurston on April 3, 2023 at 11:35am

Democrat Governors have banded together to force ISO-NE to pursue a reckless path toward netzero 2050 by requiring ever increasing wind and solar.   The ISO-NE strategic plan reads like a plan for energy poverty, and economic destruction.

Comment by Dan McKay on March 31, 2023 at 4:57pm

Annual Revenue of CMP ( From PUC Website)

CENTRAL MAINE POWER COMPANY  

Contact: 83 Edison Drive, Augusta, ME 04336   (207) 623-3521  


Utility # Customers Annual Sales (MWh) Annual T&D Revenue ($000) Average Delivery Rate (¢/kWh)
TOTAL 605,052 8,875,688 $372,322 4.19
Residential 542,563 3,443,961 $222,919 6.47
Small Commercial 49,937 535,684 $33,765 6.30
Med.& Large Comm Industrial 12,007 4,859,472 $108,131 2.23
Lighting 545 36,571 $7,507 20.53
Comment by Dan McKay on March 31, 2023 at 4:35pm

 

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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