May 6, 2015
PUC votes to keep energy forecasts secret
The Maine Public Utilities Commission has voted to keep secret the price-projection models that are used to determine energy contracts.
The Associated Press reported that David Littell, the PUC’s outgoing commissioner, had proposed to make them public, saying that keeping them secret allows Maine energy regulators to make decisions on energy contracts without public scrutiny.
But Chairman Mark Vannoy and Commissioner Carlisle McLean rejected that argument, saying it would weaken the PUC’s negotiating abilities. “The staff doesn’t reveal our forecasts to the bidders, but instead uses our forecasts in order to try to negotiate the best contract possible (for) Maine consumers,” Vannoy said.
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