Page 6 - Tree Power News Today

A proposal to takeover the state's two investor-owned utilities raises worries about reliability, politics, workers' rights, lawsuits and costs. Some are still in the dark.

It will cost between $7B and $13B for Pine Tree Power to take over Maine's electric utilities. And the management plan looks dysfunctional at best.

Can we be sure that the public utility will be competent, effective and trustworthy? We can't.

There are a few things I haven’t seen on Pine Tree Power commercials. First, Central Maine Power is in the process of building a billion-dollar transmission line to Massachusetts. Is this going to be included in the takeover, and if so, does that mean it will be $14.5 billion bond? Pine Tree Power will not […]

Can we be sure that the public utility will be competent, effective and trustworthy? We can't.

The representatives reiterated arguments each side has made repeatedly. But here is what we learned as they navigated the sticking points.

ELLSWORTH — Pine Tree Power, the campaign advocating for the creation of Pine Tree Power Company to take over Maine’s utilities from Central Maine Power (CMP) and Versant, released a

If the sole opinion poll to date is accurate, voters will reject Question 3. If they do, we can focus on the real need: a public power authority to govern generation.

In 1899, Central Maine Power began when engineer William Wyman and a partner hooked up a tiny hydro generator to serve 100 Oakland customers. Today, CMP reports it distributes power to about 636,000 customers which is over 80% of the state. In 1927...

Jake Newcomb got it mostly right about Question 3: CMP and Versant are foreign-owned utilities that have spent millions in their bid to defeat Question 3. But he incorrectly refers