The measure, which called for consumer purchase of Central Maine Power and Versant Power, cleared the Senate in a preliminary vote but was turned away on final enactment, dimming the bill’s chances of passage this session.
Versant Power
Posted inOp-Eds, Opinion
Former PUC commissioners: Don’t put politicians in charge of our electric grid
Maine will not be able to keep up its climate response in the midst of a costly takeover battle.
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Posted inOp-Eds, Opinion
Jim Fossel: Much could go wrong with government ownership of CMP, Versant
Maine would be better off using its regulatory powers to direct and hold accountable its investor-owned electric companies.
Posted inBusiness, Local & State
Gov. Mills has reservations about buyout of utilities
The governor’s concerns include the makeup and required expertise of the proposed public utility’s governing board.
Posted inBusiness, Local & State
Bill to replace CMP and Versant with consumer-owned utility gains committee approval
The Energy, Utilities and Technology Committee’s 9-2 vote, with 2 lawmakers absent, advances the bill for consideration by the full Legislature and, ultimately, Maine voters.
Posted inBusiness, Local & State, News, Politics
Dozens testify on both sides of bill to create consumer-owned utility in Maine
Under the controversial proposal, regulators would direct a buyout of Central Maine Power and Versant Power’s infrastructure to create a nonprofit utility serving roughly 800,000 customers.
Posted inLocal & State
What Maine is doing to tamp down the worst power outages in the nation
Maine continues to top most other states in the number and duration of power outages caused primarily by severe weather and downed trees, but regulators and utilities are aiming to improve upon that dubious distinction.
Posted inBusiness, Local & State
Costly power grid upgrade to boost renewables will test Maine’s commitment
It’s becoming clear that achieving Maine’s climate goals is going to require a makeover of its electric grid on a scale that hasn’t happened since the 1970s.
Posted inBusiness, Local & State
Lack of support stalls Maine lawmaker’s push for consumer-owned power
A bill to replace privately owned electric utilities with a power authority run by an elected board was neutered at the last minute by its sponsor, Democratic Rep. Seth Berry. But Berry and other advocates aren’t giving up.
Posted inLocal & State, Uncategorized
More than 1,400 Maine customers still without electricity Thursday night
Crews for CMP and Versant worked through the night Wednesday and throughout the day Thursday to repair damage from the wind and rainstorm that blew through the state.