Joseph Purington did, however acknowledge that the utility still has work to do to improve customer relations.
central maine power
Posted inEditorials, Opinion
Our View: Rejection of Pine Tree Power opens the door to reform
With greater regulatory muscle, Maine can check off some of the boxes that dominated the public power campaign.
advertisement
Posted inBusiness, Election 2023, Local & State, News, Politics
After voters reject public power, Maine’s path to utility reform is unclear
One lawmaker is proposing performance-based ratemaking as a possible way to address problems highlighted by the failed campaign to take over Maine’s investor-owned utilities.
Posted inElection 2023, Local & State, Politics
Effort to create Maine publicly owned electric utility fails
A proposal to create a publicly owned utility by taking over Maine’s 2 big investor-owned utilities failed by a wide margin in Tuesday voting.
Posted inBusiness, Local & State, News, Politics
Opponents of public utility takeover far outspend supporters as Election Day nears
The owners of Maine’s largest power companies have spent more than $37 million to defeat Question 3, while the leading supporter of a public utility takeover has spent just over $1 million.
Posted inBusiness, Election 2023, Politics
Loss of property tax looms over mayors’ Question 3 concerns
The mayors of nine cities say they fear losing property taxes if Question 3 passes, despite language in the enabling legislation that should prevent that from happening.
Posted inBusiness, Election 2023, Politics
Public power question sharpens voters’ concerns about what’s at stake
A proposal to take over the state’s two investor-owned utilities raises worries about reliability, politics, workers’ rights, lawsuits and costs. Some are still in the dark.
Posted inBusiness
$30 million grant to bolster CMP grid a down payment on big projects
The money will be spent installing new devices that allow power to be restored more quickly and often remotely. The limited number of new devices already in service restored power to 74,000 customers in less than five minutes, said CMP.
Posted inBusiness, Local & State, News
CMP receives $30 million grant to improve grid reliability
The money is expected to be used to buy equipment mounted on the poles that will act like circuit breakers and allow the grid to rebalance more quickly following outages.
Posted inBusiness, Election 2023, Local & State, Politics
Foreign ownership in CMP parent clouds 2 ballot measures
A foreign government’s ownership stake in a utility is complicated, and some experts say it doesn’t matter anyway because ownership of a regulated utility doesn’t translate into governance.