In November, Mainers will decide whether they want to put two price-gouging private power companies out of business and take control of the state’s electric grid. So-called progressive consultants are being paid to oppose the measure.
  • SCB@lemmy.worldEnglish
    1·
    1 year ago

    The CapEx came from a foreign holding company, so in no way did it come from the citizens.

    • Jah348English
      11·
      1 year ago

      I mean long term it all comes from the citizens seeing how that’s the sole source of income for the business.

      • SCB@lemmy.worldEnglish
        11·
        1 year ago

        The business isn’t profitable enough to do it’s own upgrades, so no, again, not citizens.

        • Jah348English
          1·
          1 year ago

          So to be clear it is currently a business operating at a loss?

          • SCB@lemmy.worldEnglish
            1·
            1 year ago

            Not operating at a loss and having hundreds of millions to spend are two very different things