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PORTLAND, Maine (AP) — The tug of war over the future of Central Maine Power is continuing behind the scenes, with utility opponents seeking to thwart a referendum to require voter approval for long-term debt for the proposed buyout.
The back and forth escalates between supporters and foes of replacing Central Maine Power with a consumer-owned entity.
Mainers were not able to override the governor's veto of the Pine Tree Power bill. Author: Don Carrigan Updated: 9:01 PM EDT July 19, 2021 AUGUSTA, Maine — Mainers will have to wait at least another year to vote on whether to force a takeover of our two biggest electric utilities. They were not able on Monday to override the Governor’s veto of the Pine Tree Power bill. The issue remains as charged as the electrical system it deals with. Lawmakers voted June 30 in favor of the Pine Tree Power bill, which seeks to form a consumer-owned utility to force a ta...
Pine Tree Power: What it would take for proposed utility company to take over Proponents of the plan say the transition could take place as soon as 2025. Opponents predict a lengthy and costly legal battle with CMP and Versant. Author: Hannah Dineen (NEWS CENTER Maine) Published: 7:06 PM EDT July 7, 2021 Updated: 7:06 PM EDT July 7, 2021 MAINE, USA — There are a lot of things that would have to happen in order for the Pine Tree Power Company, a proposed nonprofit, privately operated utility company, to replace Central Maine Power and Versant P...
/ In this week’s newsletter: The politics of the public power proposal; Maine Chamber steps away from anti-public power group; Gov. Janet Mills frets property tax increases. As Maine lawmakers fast-track a bill that would replace Central Maine Power and Versant Power with a so-called public utility, Gov. Janet Mills is stepping up her calls to the legislature to look more closely at the proposal before attempting to send it to voters in November. In a wide-ranging interview on Maine Public's Maine Calling program, Mills expressed a range of concerns about a 13-page bill that would effective...