Electric Bills Going Down? No.
Do we really believe that electric bills in Maine will really go down if NECEC is permitted?
Of course not.
Much like local property tax rates, electric bills may go down in the first or maybe second year, just to make it look good, but electrical companies are in business to make a lot of money. Selling electricity for lower rates means less money for CMP. Rates for people in Maine won't be lower, no matter how CMP tries to tell us otherwise.