THE
FACTS
THE
FACTS
REP. WILLIAM BRIDGEO
HAS A CHOICE:
CUT ENERGY COSTS FOR HARDWORKING MAINERS,
OR INCREASE PROFITS
FOR WALL STREET.
ASK REP. WILLIAM BRIDGEO TO CHOOSE SAVINGS FOR MAINE.
Phone:
We have a chance to STOP Wall Street from making hundreds of millions off Mainers, and instead put money back into the pockets of Maine ratepayers. Tell Rep. William Bridgeo to choose the bill that saves money for Mainers—VOTE YES ON 1347.
Maine’s current Net Energy Billing program is broken. We have the most expensive solar projects in America, costing Mainers hundreds of millions of dollars in unnecessary rate hikes. Wall Street is making a fortune at the expense of Maine ratepayers. This is not right. But Rep. William Bridgeo can stop this by voting yes on a bill that puts Mainers before Wall Street solar investors. Tell Rep. William Bridgeo: VOTE YES ON LD 1347. Choose savings for Maine.
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Net Energy Billing inflates electricity costs for all Mainers—including those who participate in community solar programs.
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Maine’s broken Net Energy Billing projects cost FIVE TIMES MORE than equally useful solar routinely purchased by utilities. Some NEB projects this year have rates of 25 cents per kWh, while Maine Public Utilities Commission routinely purchases equally useful solar for less than 5 cents per kWh. Maine families cannot afford this expensive mistake.
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We believe solar should benefit Maine people, not Wall Street investors. That’s why we support equally useful solar that costs a FRACTION of the price of NEB programs.
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Maine PUC records show the majority of firms sponsoring Maine’s NEB projects are out-of-state groups. 27% of Maine’s NEB participants are from Massachusetts. This is NOT Maine community solar. Our Legislature has the power to fix this.
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Maine’s utilities, energy consumers, and MPUC all estimate NEB projects will cost at least $200 million per year for 20 years. That’s an undisputed cost of at least $4 BILLION to Maine ratepayers.