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On Election Day, just five weeks away, Mainers will be asked whether the state should buy out Central Maine Power and Versant Power and replace them with a customer-owned, nonprofit utility.
Backers say the new entity, dubbed Pine Tree Power and overseen by a publicly elected board, would deliver lower-cost, more reliable electricity.
Opponents including CMP, Versant and Gov. Janet Mills dispute that claim, and point out that Maine would have to borrow billions of dollars in order to take over the two investor-owned companies.
There's disagreement about other points, too. Pine Tree Power supporters cite examples of consumer-owned utilities that have successfully reduced electric rates and improved service. However, the examples involve small, local utilities; no other state has placed control of its entire electric system under a single operator.
For good or bad, passing the Pine Tree Power referendum would mean profound changes for Maine businesses and consumers.
Sponsored by: GoNetspeed, a fiber internet provider
On Election Day, just five weeks away, Mainers will be asked whether the state should buy out Central Maine Power and Versant Power and replace them with a customer-owned, nonprofit utility.
Backers say the new entity, dubbed Pine Tree Power and overseen by a publicly elected board, would deliver lower-cost, more reliable electricity.
Opponents including CMP, Versant and Gov. Janet Mills dispute that claim, and point out that Maine would have to borrow billions of dollars in order to take over the two investor-owned companies.
There's disagreement about other points, too. Pine Tree Power supporters cite examples of consumer-owned utilities that have successfully reduced electric rates and improved service. However, the examples involve small, local utilities; no other state has placed control of its entire electric system under a single operator.
For good or bad, passing the Pine Tree Power referendum would mean profound changes for Maine businesses and consumers.
Seventy-five years ago, the government created the Maine Turnpike Authority, and they were to collect tolls until that bond was paid off. Today, over 300 employees are working for the MTA, showing that our government has a history of not following through on its promises. If we want better and cheaper electricity, we must keep the government out of creating another state-run monopoly. How about we increase the competition for providers? Nope, our rulers in Augusta want to take it over, and then we will all pay the price. I genuinely appreciate the CMP workers out in the storms getting our power back on. Still, I do not appreciate the politicians in Augusta trying to increase their power over the citizens of Maine.
Government almost NEVER runs anything as efficiently as private businesses do. And, even if we wanted a publicly owned utility, they should not be allowed to just take over privately owned businesses.
not a good idea to have a utility's management voted in by the public. Just look at what's going on in Washington and our public elections. They should not have that kind of political power for something as necessary as the power grid. NO< NO< NO!
I think it is really important that Mainer understand that this ballot referendum specifically does not use state funds or allow the state to control our electricity. This would be a new nonprofit (Pine Tree Power) that the people of Maine would have control over as opposed to the current model which is allowing Spanish/Canadian elites to set our prices. Give control back to Mainers! Don't listen to Janet Mills and her fellow CMP backers. Vote Yes On Pine Tree Power!
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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Community-run utilities seem to be working out for these 15 communities, let's bring it to the state level!
https://www.insidermonkey.com/blog/15-biggest-government-owned-utility-…