On 5/23/2021 1:24 PM, rbowman wrote:


https://www.wsj.com/articles/SB10001...47541604359376

Kennedy has a dog in the fight but that doesn't mean his economic
observations aren't true.

https://www.wind-watch.org/news/2020...-rebury-cable/


There were economic concerns when the Block Island project was proposed
but the Rhode Island government rewrote the book in its favor. National
Grid screwed the pooch when burying the cable and the redo will not be
cheap. The question is if they can pass the cost onto the ratepayers.

Of course they will. You juggle the paperwork but one way or another,
where else is the money coming from?



Seabrook Station in New Hampshire was the end of Public Service of New
Hampshire. There were many protests but the killer was CWIP.
(Construction Works In Progress).Â* The state court ruled that you can't
jack utility rates to finance something you're building and hasn't come
online.

Sure, on paper. The end result is the users will pay, if not now,
later. Income must equal or exceed outgo.


We'll see how this one goes and how much government subsidization is
needed to keep this one alive.

That is the only way the cost escapes the rate payer. Oh, rate payers
are tax payers too. OK, just shuffle the paperwork. Keep a tube of KY
handy.