Replies to post #67551 on Laidlaw Energy Group, Inc.(fka LLEG)

[jackface2]

i like your math.

[Mugwumps88]

I think that sounds reasonable...just wondering if they are holding back Mass news until september to create momentum when the big decision is announced. Releasing 3 PRs in a row could do monstrous things simply on momentum. Thoughts?

[JTrox]

Looks good to me Matt. May want to create a sticky of the P/E potential with your cost estimate.

[icarus6700]

That $1M in taxes is local taxes, right? I think you have to add state and federal taxes.

[CivilStruct]

The $77M USD per year income was based on assuming that the wholesale electric rates would be commensurate and consistent with conventional retail rates (i.e. PSNH selling for $0.15/kwh, thus paying LLEG $0.075/kwh). It is conceivable that there will be a premium for green energy. The following article isn't necessarily the best support of this thought, but it is an example all the same. I'm not sure that I understand the full context as I would like, it seems that the PSNH application for approval of the PPA sorta supports of this position:

5. PSNH’s obligation to begin the purchase of the Project’s output under the PPA is contingent upon, inter alia, receipt from this Commission of a final, nonappealable decision approving and allowing for full cost recovery of the rates, terms and conditions of the PPA.

While I'm opposed to the public being forced to pay more for just for green energy, as a holder of a few million shares, that would benefit me.

I could be wrong, and I'm not so proud I can't accept correction, so if anybody has a different take on this issue, please share.

all said is "IMO"