InvestorsHub Logo
Followers 11
Posts 1066
Boards Moderated 0
Alias Born 05/21/2008

Re: Grozny post# 83211

Wednesday, 12/29/2010 10:08:00 AM

Wednesday, December 29, 2010 10:08:00 AM

Post# of 103302
I think the PUC already knows that existing infrastructure on this site should have lowered the cost of electricity significantly yet the PPA is calling for significantly higher costs for some strange reason. Couple this with the rumor that the capital cost is 300 million and therefore some 70 million is being given back by the government to pay down debt, they should be able to sell power for significantly less. I think Digi is right. One hell of a lot of room for negotiation on this bad boy. Maybe additionally throw in some PPAs for all the other IPPS, take the right of first refusal to PSNH out of the equation, and then maybe, just maybe we can wipe out the word "monopoly". I think its important for someone to bring this logic forward to the PUC on behalf of the ratepayer, don't you Matt? Woodburner, are you interested, or should I?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.