psychothumbs@lemmy.world to Maine@lemmy.worldEnglish · 1 year agoDemocratic Consultants Are Fighting to Keep Maine’s Electric Bills Highjacobin.comexternal-linkmessage-square9fedilinkarrow-up13arrow-down18
arrow-up1-5arrow-down1external-linkDemocratic Consultants Are Fighting to Keep Maine’s Electric Bills Highjacobin.compsychothumbs@lemmy.world to Maine@lemmy.worldEnglish · 1 year agomessage-square9fedilink
minus-squareSCB@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoThe CapEx came from a foreign holding company, so in no way did it come from the citizens.
minus-squareJah348@lemm.eelinkfedilinkEnglisharrow-up1arrow-down1·1 year agoI mean long term it all comes from the citizens seeing how that’s the sole source of income for the business.
minus-squareSCB@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·1 year agoThe business isn’t profitable enough to do it’s own upgrades, so no, again, not citizens.
minus-squareJah348@lemm.eelinkfedilinkEnglisharrow-up1·1 year agoSo to be clear it is currently a business operating at a loss?
minus-squareSCB@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoNot operating at a loss and having hundreds of millions to spend are two very different things
The CapEx came from a foreign holding company, so in no way did it come from the citizens.
I mean long term it all comes from the citizens seeing how that’s the sole source of income for the business.
The business isn’t profitable enough to do it’s own upgrades, so no, again, not citizens.
So to be clear it is currently a business operating at a loss?
Not operating at a loss and having hundreds of millions to spend are two very different things