‘Resident Power’ Fiasco: NH Public Radio (NHPR) Has A Good Piece That Explains What Happened.
…
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.by Anura Guruge
Prior ‘Resident Power’ Related Posts:
1/ ‘Resident Power’ >> PSNH Cost Us Money — Mar. 20, 2013.
2/ ‘Resident Power’ Supplier ‘PNE’ Runs Out Of Money — Feb. 20, 2013.
3/ Resident Power: Possible Alternatives — Jan. 20, 2013.
4/ PSNH Electric Rates Going Up To 10 Cents Per KWH …
>>— Dec. 19, 2012.
5/ PSNH To Increase Electric Rates Again? … — Oct. 3, 2012.
6/ We Now Get Electric From N.H. Resident Power — May 24, 2012.
7/ A Plug For N.H. Resident Power. Yes, We Signed Up
>>— April 19, 2012.
I kind of knew some of this. The ‘What Happened to PNE‘ section, however, is very revealing and in my opinion quite telling.
It would appear that PNE was trying to fly by the seat of their pants and they had holes in their pants and no underwear.
It mentions Bart Fromuth’s dad ‘Gus‘ and says that he was involved in bringing deregulation to New England in the 90s. I don’t know him but I assume he must live in Florida and has never set foot in NH in the winter. Because if he had he would have to have known that January is colder than December and that February is the cruelest month of old. I am not happy.
Well you should read the article and make up your own mind. I wonder whether our great State will bother to look into what happened?
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Tags: Alton, Anura Guruge, Bart Fromuth, dad, electric, ENH, FairPoint Energy, Gus fromuth, increase, Managing Director, New Hampshire, New Hampshire (NH), NHPR, North American Power, not happy, out of business, PSNH, rate, rate hike, Resident Power, savings, scam, scheme

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