Cookie Control

This site uses cookies to store information on your computer.

Some cookies on this site are essential, and the site won't work as expected without them. These cookies are set when you submit a form, login or interact with the site by doing something that goes beyond clicking on simple links.

We also use some non-essential cookies to anonymously track visitors or enhance your experience of the site. If you're not happy with this, we won't set these cookies but some nice features of the site may be unavailable.

By using our site you accept the terms of our Privacy Policy.

(One cookie will be set to store your preference)
(Ticking this sets a cookie to hide this popup if you then hit close. This will not store any personal information)

Power Companies Spend Millions To Fight Maine’s Proposed Non-Profit Utility

"Residents in Maine are about to be bombarded with a multimillion-dollar public relations campaign aimed at saving the state’s two dominant electric utilities from being voted out of existence in November.

If Mainers vote yes, they will make history – endorsing a first-of-its-kind plan to create a state-level, public power company through a hostile takeover.

But the parent companies of the existing utilities are spending millions to try and stop that.

It’s a vote which experts say could reverberate around the country as legacy, investor-owned utilities are being challenged to decarbonize while state officials adopt more aggressive climate agendas amid customer frustration at high rates and outages."

Mario Ariza reports for Floodlight and the Guardian and Tux Turkel for the Portland Press Herald June 18, 2023.

Source: Floodlight, 06/20/2023