Maine voters to decide on dismantling of state’s two largest electric utilities

FILE - In this Oct. 27, 2022 file photo, a home in Bingham, Maine, displays signs protesting a Quebec-to-New England hydropower corridor. This fall Mainers are going to vote on whether to throw out the state's two biggest private electric utilities. (AP Photo/Robert F. Bukaty, files)


Voters in Maine on Tuesday will decide if they want to give the boot to the state’s two largest electric utilities.

In other words, voters will have the opportunity to forcibly remove the two investor-owned utilities that distributed 97% of electric in the state. It would be like forcing OG&E and PSO in Oklahoma to become controlled by a nonprofit utility and be responsible to ratepayers, not corporate shareholders.

Proponents of the plan in Maine contend it would result in lower costs and stronger investments in the grid, as well as improved performance.

The vote on Tuesday will focus on a call to dismantle Central Maine Power and Versant Power. They would be replaced by a nonprofit utility called Pine Tree Power.

Click here for Associated Press