John, you are very knowledgeable in this area and I very much respect that. Maybe I'm wrong about some of what I'm saying, but in my opinion, defending Eversource is not a great position to be in.
The NH PUC, hardworking and trying their best to do what is right for NH residents, have been steamrolled over the years by PSNH/Eversource. Northern pass, thank goodness it was stopped at least for now, was a blatant attempt at a money grab by a public corporation, with massive spending on a PR campaign and legal wrangling.
I do understand the way a public company's finances work, including salary to upper management. It doesn't make it right for the leader to make 280 times the salary of the workers on the lower rungs.
Again in my opinion, when a company has a revenue stream that is set by the PUC in a manner that insures they can't lose money, insures they recoup all investment in infrastructure, there should be some limits to profitability at the expense of ratepayers. Don't we all wish we could run a company that can't lose money, can simply request more revenue and in nearly every case get it?
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