Quote:
Originally Posted by songkrai
It is a cooperative owned by all users.
Electric rates are higher here because of Governor Mel Thompson pushed the construction of a double nuclear power plant in Seabrook. One was half constructed and still sits as a rusted hulk.
There was a bankruptcy someplace and someone (you) have to pay the bond holders and creditors.
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I remember when Mel Thompson was pushing the approval for Seabrook Station. One of his comments was something like....when Seabrook comes on line, power will be so cheap that it won't be worth the cost of sending somebody out to read the meters.
We pay around $22/month for power in Meredith and my power is OFF at the panel. What are the benefits of the Co-Op again?