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submitted 1 year ago by Kestrel@hexbear.net to c/news@hexbear.net

The measure, called Question 3, prompted heated debate in the months leading up to the election. Central Maine Power and Versant Power, the state’s dominant utilities, poured more than $40 million into a campaign opposing the referendum, outspending Pine Tree Power advocates 34 to 1. Political groups funded by the utilities and their parent companies mailed flyers and aired ads on TV, radio, and social media, urging Mainers to reject the measure, which would have effectively put the two companies out of business.

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[-] carpoftruth@hexbear.net 29 points 1 year ago
[-] ArsenLupin@hexbear.net 47 points 1 year ago* (last edited 1 year ago)

Hydro Québec. Don't get me wrong, they aren't perfect. But they are way ahead of basically everyone else. 0.065CAD/kWh, while still bringing in billions in revenue to the state every year.

[-] ChapoKrautHaus@hexbear.net 17 points 1 year ago

But they are way ahead of basically everyone else. 0.065CAD/kWh

Lol I have to pay 0.37€ per kWh, literally two orders of magnitude higher.

[-] BountifulEggnog@hexbear.net 15 points 1 year ago* (last edited 1 year ago)

I think your math is wrong. .37 / .065 is 5~. A pound is worth around 1.7 cad. So you're paying around 9x the price with currency conversion, or a bit less then an order of magnitude. Two orders of magnitude would be 100 times the price.

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this post was submitted on 08 Nov 2023
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