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Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by deisman03on Jan 06, 2019 10:47pm
113 Views
Post# 29193322

RE:RE:RE:Crius Energy - careful now

RE:RE:RE:Crius Energy - careful now
Quite honestly as you state, we don't know if this is price is right or wrong.

Their disclosures were NEVER full enough to retail type investors such as myself and maybe you. 

There is no possible way for me to crunch any numbers but what they give us in their perspectus, which again IMHO wasn't being representative of Solar so why would it be considered to be full disclosure now?? 

I full appreciate your concerns and have had them myself. I'm going by the experiences I went through in BC when energy provision was deregulated. 

I am not familiar enough with the State deregulations to make a statement on the impact the new regulations will have. 

What happened in our region was that the large bulk purchasers of NG, such as the corporation I worked for was they bought their gas directly from the producers, after they refined it to get rid of sulphur, acid, carbon and bleed of Butane to bring the expended energy within predicted parameters when used. Same thing with electricity. It lowered their running costs substantially but they had to pay the pipeline company and the companies that owned the distribution facilities to get the energy to their plant. 

I don't know if municipalities or cities were ever involved in resale of NG or electricity. I don't know of any that did other than a few far north areas where they cities actually produced their own electricity. That's all gone now because other suppliers ran transmission lines into the areas but costs did go up. It turns out producing electricity is a very expensive and high maintenance operation when running the engines on NG. 

They were happy to get out of the responsibility, which barely paid for itself. 

I have a feeling most cities and municipalities may try to get out from under the burden if they can't show a decent profit or it becomes politically embarrassing. 

It may just have the opposite effect many expected. There is a very good chance with the cities/munis out of the loop Crius and other retailers may be able to sell the energy at lower costs but at higher profits. 

GLTA the good folks here. 
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