what's the scoop on psnh?

[redruddyred]

it sounds like our state government sold off our public service behind our backs. if so, where was the profit? why are they suddenly cutting services?

read in the union leader that following the sale, rates would increase in order to make up for losses incurred by selling the nh power plants. the deal that was cut charges residential customers (ie you and me) with a much higher 'stranded cost' rate than businesses, all of which reeks of political corruption.

I really want to do more research on this but I haven't had the time; so far every politically involved nhite I've contacted pleads ignorance.

I can't see any upside to privatizing,decentralizing the power grid; it seems like common sense that utilities, by design, are less expensive when it's a single public service whose cost is shared among stakeholders. as I remember thatcher tried something similar and the results were not good.