The proposal could emerge as a competing alternative to the push for a statewide consumer-owned utility in Maine to replace CMP and Versant.
Versant Power
Posted inOp-Eds, Opinion
Commentary: Government control of Maine’s energy grid is not the answer
Advancing Maine’s clean-energy goals is best achieved through positive dialogue among stakeholders, not through a radical takeover effort.
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Posted inBusiness, Local & State
Advocates of consumer-owned power utility running out of time for 2022 ballot
Organizers won’t say yet, but there are signs that signature-gatherers won’t meet Friday’s deadline for the November ballot.
Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Public power would be a bad deal for Maine
A public takeover of the state’s electric transmission and distribution system is riskier than its backers claim.
Posted inBusiness, Local & State
Costly electricity supply will add $30 to average home’s monthly CMP bill in 2022
Customers face a jolt in electricity supply costs, raising questions of whether Maine’s policy of updating supply rates annually exposes them to greater volatility.
Posted inBusiness, Local & State
Rate increase will raise average Versant Power bills by $30 a month next year
The sharp increase likely foreshadows a similar change in the supply rate for Central Maine Power customers in 2022, to be determined Wednesday.
Posted inBusiness, Local & State
Referendum would require vote on cost of buying out CMP and Versant
CMP-backed opponents of a proposed consumer-owned utility in Maine say voters should have the final say on the purchase price.
Posted inEditorials, Opinion
Our View: Gov. Mills’ veto won’t end public power debate
Fed-up consumers will still likely get the last word on the future ownership of Maine’s electric grid.
Posted inBusiness, Local & State
CMP customers to see double-digit rate increase next month
The new rates approved by regulators Wednesday will hike Central Maine Power customers’ bills by 11.5% starting Aug. 1.
Posted inBusiness, Local & State, News, Politics
Mills vetoes bill calling for forced buyout of CMP and Versant Power
The governor calls the performance of Maine’s electric utilities ‘abysmal’ but says the bill to form a consumer-owned utility was ‘hastily drafted’ could create more problems than it solves.