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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.