SirClausRaunchy t1_ixxrbzn wrote
Wallingford has low electric rates. Why don't we just do that, but, ya know, statewide?
CombObvious4283 t1_ixyiqt9 wrote
They have their own power plant.
SirClausRaunchy t1_ixz2m0q wrote
Yeah. Publicly owned utilities are awesome. Let's do that, but statewide.
CombObvious4283 t1_ixzx5r6 wrote
So every town gets a power plant, every town buys the individual grid system from eversource?
SirClausRaunchy t1_ixzywo1 wrote
....except, statewide. Have the state buyout the existing infrastructure. Connecticut could literally make money on the deal in the long run and still provide cheaper rates and better service.
CombObvious4283 t1_iy1c73o wrote
You do know how the state would get the money for that right? From us. I’m not against it but saying the state will pay for it, make a profit off it and have cheaper rates for us would be impressive .
SirClausRaunchy t1_iy1nz4l wrote
Yeah, I know how taxes work. It's already a massively profitable business, why would the state taking over change that? They could reduce rates and still profit. Any income over operating costs could just pay back the state for the cost of the takeover, and then be reinvested into statewide infrastructure.
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