Page 6 - Pine Tree Power News Today

Maine voters overwhelmingly voted against a ballot measure to take over its two investor-owned utilities, opting to maintain the current private ownership structure.

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.

Maine’s ballot on Tuesday will ask voters to decide whether they want a public takeover of the state's power grid.

It’s the same result as the last time Maine had a public power proposal—50 years ago.

Plus other lessons from Election Day 2023, including a big night by Democrats.

Nov. 7 election outcomes are among others in states where new project funding measures and political makeup of statehouses were closely watched

Texans OKed $10B for natural gas power and grid upgrades and Mainers defeated a measure to replace its investor owned power utilities

Nov. 7 election outcomes are among others in states where new project funding measures and political makeup of statehouses were closely watched

Maine voters had a chance Tuesday to fundamentally reshape their energy system by taking over their two for-profit electric utilities and creating a new community-owned energy company. But more than two-thirds of voters said no to that proposal in the off-year election.

Big wins for Democrats in yesterday’s Ohio, Virginia, New Jersey, and Pennsylvania elections.