Kreis Joins NH Center for Public Interest Journalism’s Board
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Prior to law school, Don Kreis spent a decade as a journalist with Associated Press and Maine Times.
InDepthNH.org (https://indepthnh.org/series/power-to-the-people/page/14)
Power to the People is a new column by D. Maurice Kreis, New Hampshire’s Consumer Advocate. Kreis and his staff of four represent the interests of residential utility customers before the NH Public Utilities Commission and elsewhere.
Prior to law school, Don Kreis spent a decade as a journalist with Associated Press and Maine Times.
You literally have to go south of the Mason-Dixon Line to find a state with a worse ranking than NH.
D. Maurice Kreis argues he is entitled to see the Burgess plant’s cost and profitability records.
The vote will be September 13 on whether to override the Governor’s veto Senate Bill 365.
How much will you save on your electric bill if Gov. Sununu’s veto stands?
Cost-of-service rate treatment is exactly what we supposedly got away from by restructuring the electric industry to eliminate old-fashioned, vertically integrated utility monopolies. The parade of generators begging for a return to the good old days could well include facilities like Seabrook, Merrimack and Schiller stations.
What NEPOOL is voting on Tuesday would allow journalists to attend NEPOOL meetings upon payment of $5,000 per year.
But New Hampshire’s electric customers have paid dearly for restructuring – by my rough count, about $1 billion in so-called “stranded” costs. This money went to the former monopoly utilities to make them whole after being forced to sell off their generation assets to companies like Exelon.
The date was August 5, 1988. Public Service Company of New Hampshire (PSNH) had recently declared bankruptcy, the first electric utility in the U.S. to do that since the Great Depression. The crushing debt and massive cost overruns associated with the Seabrook nuclear power plant had sucked PSNH dry.
Let me say this as clearly and unequivocally as I can: The lights are not going out. There will not be rolling blackouts.