After a 2-hour public hearing on Thursday, a legislative committee sent the referendum question to voters in November.
Versant Power
Posted inBusiness, Local & State, News
CMP, public advocate in negotiations to settle rate hike request
A meeting is slated for Wednesday in confidential talks between Central Maine Power and the public advocate over a proposed increase that would take effect Sept. 1.
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Posted inBusiness, Local & State, News
Soured on solar? Costs, technical delays dampen outlook in Maine
Community solar farms, which sprouted after a 2019 law went into effect, now face challenges including higher costs for Mainers and glitches in hooking up to the grid.
Posted inBusiness, Local & State, News
Secretary of state OK’s wording for ballot question that could block public utility
If successful, voter approval would be required for a consumer-owned utility, such as one being proposed on the same November ballot, to take on more than $1 billion in debt.
Posted inBusiness, Local & State, News
Judge rejects attempt to throw out ballot proposal that could thwart CMP, Versant takeover
The ruling means that voters in November will likely see both a proposal to create a consumer-owned electric utility and a debt-limit measure meant to cripple the effort.
Posted inBusiness, Nation & World, News
Consumer-owned utility supporter seeks to stop Maine vote on public debt
A lawsuit asks a judge to reverse the secretary of state’s certification of petitions allowing the debt referendum to appear on the November ballot alongside one to create a new utility.
Posted inBusiness, Local & State, News
Competitive power supply market isn’t working, report says
Allowing consumers to choose their electricity supply companies has failed to lower rates for home customers, according to recommendations given to the Legislature on Wednesday.
Posted inBusiness, Local & State, New England, News
Northern Maine wind power project wins PUC approval
Maine utilities would buy 60% of the output from the planned wind farm, which would be the largest east of the Mississippi, while Massachusetts would pay 40% of the project costs.
Posted inBusiness, Local & State, New England, News
Storm surge: To get lights back on, Maine pays a premium for crews from away
Weather is creating more disruption to electricity service, and the state’s utilities – and ratepayers – are racking up larger bills for the extra help that’s needed as a result.
Posted inBusiness, Local & State
Stronger grid a legacy of ice storm damage
Another major ice storm could wreak havoc, but resiliency is a work in progress.