The governor cited uncertainty about the long-term benefits of Pine Tree Power, and its initial cost.
Pine Tree Power
Posted inBusiness, Maine, News
Prices at smaller utilities work their way into debate over Maine’s energy future
Backers of Pine Tree Power tout lower rates at customer-owned utilities, but comparing those rates with investor-owned utilities is complicated.
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Posted inBusiness, News
Portland chamber slams public power proposal as activists demonstrate
About 2 dozen protestors gathered outside Hannaford Hall on Thursday, where the Portland area chamber held a breakfast forum taking aim at Pine Tree Power.
Posted inBusiness, Maine, News
Housing, cost of living top of mind for Mainers in UNH poll
Hot-button issues like abortion and gun control have taken a back seat to the economic concerns that affect respondents’ lives on a daily basis.
Posted inBusiness, Maine, News, Politics
Millions of dollars in foreign campaign funds pour into Maine as lawmakers push to ban them
Lawmakers say they will try to override Gov. Janet Mills’ veto of the foreign spending ban, but it won’t prevent foreign-owned companies from pouring money into Maine politics this fall.
Posted inBusiness, Maine, New England, News
Maine power companies are spending millions to defeat a vote to dethrone them
This fall, Mainers could cut ties with their utilities. The companies are buying influence to try to stay in power.
Posted inBusiness, Maine, News
Mainers will decide whether to replace CMP, Versant with a nonprofit utility
After a 2-hour public hearing on Thursday, a legislative committee sent the referendum question to voters in November.
Posted inBusiness, Maine, News, Politics
Secretary of state issues reworded power referendum question
Shenna Bellows’ revision came after courts took issue with the use of the term ‘quasi-governmental’ in the original wording of the referendum question.
Posted inBusiness, Maine, News
Public utility referendum question must be reworded, Maine Supreme Judicial Court rules
The questioning about the question continues as the state’s highest court decides the precise language about the creation of a public-owned electric utility.
Posted inBusiness, Maine, News
Petition to replace CMP, Versant with consumer-owned utility has valid signatures to get on ballot
But an opposition group, which is mounting a citizens initiative of its own, says it has gathered enough signatures to blunt the effort.