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I live in CT where most of the power is supplied by Eversource. Whenever there is a big storm that knocks out power (happens every few years) to most of the sta
by IgorPartola 2y ago
I live in CT where most of the power is supplied by Eversource. Whenever there is a big storm that knocks out power (happens every few years) to most of the state they are never prepared even though they are mandated every time to prepare more than the last time. And after they restore the power the delivery charge goes up. At this point the delivery charge is more than half the cost and our electricity is north of $0.30 per kWh and keeps going up. Even if you switch generation companies your cost doesn’t actually go down significantly overall due to the delivery charges.
Moreover, Eversource has their hands in any solar projects. They drag out the process to approve any installations and fight you tooth and nail to make sure you can’t install a big enough system because they are mandated to buy electricity at the same rate as they sell it. They fully captured the market and are essential to the state’s functioning so whenever there is an issue the government backs them. When there isn’t, they post billions in profits.
What part of that sounds correct to you?