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Subsidization-Councilman Trotter and others seem to feel that we are not getting full value for the money we pay LCEC for electric service. Does Mr.Trotter pay insurance premiums? Despite my personal feelings on that matter, I know that in the event of a catastrophe I will be made whole with no extraordinary out-of-pocket expense on my part. If the City were to take ownership of the island's electric system, and if it was severely damaged by a storm or other catastrophic event who would be "on the hook" for the cost of repairs? You guessed it-You and me. I don't know about you, but I sleep a lot better on a big boat. Please Bill, don't rock the boat.
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