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Maine legislators, power coalition propose consumer takeover of utilities Share Updated: 6:48 PM EDT Apr 19, 2021 SOURCE: WMTW Share Updated: 6:48 PM EDT Apr 19, 2021 Using Patriots Day as a platform to declare energy independence, the new Our Power coalition called for a takeover of Maine s two largest utilities on Monday, Central Maine Power, owned by a Spanish company, and Versant, owned by a Canadian one.The legislation calls for replacing them with a privately financed, consumer-owned utility to be called Pine Tree Power Company.The companies were quick to deride the idea, with CMP, calling it “switching to government-run power with no guarantee of improved reliability or service.”CMP serves 660,000 Maine commercial and residential customers, and Versant Power, 140,000. Today, we bid au revoir and adios to monopoly rent, said Rep. Seth Berry, who chairs the House Energy, Utilities, and Technology Commi ....