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Maine legislative committee votes to pass proposed consumer-owned Pine Tree Power company The vote to pass was 9-2. Pine Tree Power would be free of state control and its board of directors would be chosen by ratepayers. Author: Chelsea Bard (NEWS CENTER Maine), Don Carrigan Published: 12:04 PM EDT June 1, 2021 Updated: 12:16 PM EDT June 1, 2021 AUGUSTA, Maine — A Legislative Committee is supporting a massive change for  Maine’s electric utilities.  The Maine Legislative Committee on Energy, Utilities, and Technology voted Tuesday to move ...

Run by an elected board, the new company would take over the transmission systems now owned by Central Maine Power and Versant.

Advocates of consumer-owned power utility unveil plan to oust CMP, Versant A bipartisan coalition of lawmakers and advocates is touting a proposal to revoke the monopoly status of the state’s 2 largest power distribution companies and force them to sell their assets to a consumer-owned nonprofit. Share Staffers with Our Power remove signs in Augusta after a news conference on Monday about legislation to create a consumer-owned nonprofit power utility in Maine that would be overseen by an elected board. Andy Molloy/Kennebec Journal A consumer-owned, nonprofit corporation would take over for...

Mainers push for Pine Tree Power, a publicly owned electric utility Pine Tree Power would be free of state control and its board of directors would be chosen by ratepayers. Author: Chelsea Bard (NEWS CENTER Maine) Published: 11:01 AM EDT April 20, 2021 Updated: 11:36 AM EDT April 20, 2021 MAINE, USA — There's another push to create a publicly owned electric utility in Maine after a previous attempt failed last year. A new bipartisan proposal by Maine lawmakers would force CMP and Versant to sell their assets to a Maine consumer-owned non-pro...

Consumer-owned power advocates unveil plan to oust CMP, Versant A bipartisan coalition of lawmakers and advocates is touting a proposal to create a consumer-owned utility called Pine Tree Power Co. Share A consumer-owned, nonprofit corporation would take over for electric companies Central Maine Power and Versant Power under a bill announced Monday by a bipartisan group of Maine legislators and advocates for a locally owned utility. Foreign, for-profit corporations have mishandled the state’s electricity infrastructure, leaving Maine with some of the highest costs and lowest reliability in...