No_Landscape4557 t1_jc7wc63 wrote
Reply to comment by [deleted] in Maine Affordable Energy is CMP by [deleted]
That is the profits for AVANGRID as a whole again not CMP, I didn’t see anything that obviously broke down which one of their companies earned what. It is actually quite lacking and seems to not directly state
[deleted] OP t1_jc7x1ni wrote
Nope, did you actually open the 10-K? they literally break it down into CMP dist, CMP trans, and Gas (not CMP).
​
No_Landscape4557 t1_jc816of wrote
I saw. It states the page 9 something about CMP rate of 2.6 billion but doesn’t anywhere as far as I could easily tell break down what of that is profit. Because again that be thousands of dollars per person every year
Crujiente_Squ t1_jc90rud wrote
Regardless of whichever numbers are correct, no one seems to be taking commercial, industrial, and other non-residential ratepayers into account in their comments. It's not just households.
6byfour t1_jc9yxng wrote
“Rate base” and “profit” are not the same.
Viewing a single comment thread. View all comments