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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.
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.
Power companies can be publicly or privately owned and may report to corporate boards, local governments or co-op members. But there’s no one best way to deliver electricity reliably and affordably.
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.