Judd Legum

@JuddLegum ↗

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Last Checked Sept. 20, 2022

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Tue Sep 06 12:50:54 +0000 2022

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Judd Legum @JuddLegum

7. In 2013, @Siemens inked a $90 million deal with the city. The city issued a bond to cover the upfront cost of the contract. It will ultimately cost Jackson over $200 million. $7 million per year through 2041. https://t.co/vFmWZXZPqt — PolitiTweet.org

Posted Sept. 6, 2022

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Judd Legum @JuddLegum

6. What Siemens was promoting is an "energy performance contract." It allows municipalities to finance energy projects through projected future savings. Under a new Mississippi law championed by Siemens, such contracts could be signed without a competitive bidding process. — PolitiTweet.org

Posted Sept. 6, 2022

Followed By

Judd Legum @JuddLegum

8. After @Siemens installed the new automated meters many Jackson residents "reported not receiving any [water] bills." Residents who received water bills "reported inaccurate—and unusually high—amounts, which they often did not pay." https://t.co/vFmWZXZPqt — PolitiTweet.org

Posted Sept. 6, 2022