The Energy, Utilities and Technology Committee’s 9-2 vote, with 2 lawmakers absent, advances the bill for consideration by the full Legislature and, ultimately, Maine voters.
Versant Power
Posted inOp-eds, Opinion
Rep. Carlow: Consumer-owned Pine Tree Power will work for Maine people
Replacing CMP and Versant with a new company will strengthen our grid, reduce outages and lower rates for Maine families and businesses.
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Posted inBusiness, Local & State, News, Politics
Dozens testify on both sides of bill to create consumer-owned utility in Maine
Under the controversial proposal, regulators would direct a buyout of Central Maine Power and Versant Power’s infrastructure to create a nonprofit utility serving roughly 800,000 customers.
Posted inBusiness, Local & State
Costly power grid upgrade to boost renewables will test Maine’s commitment
It’s becoming clear that achieving Maine’s climate goals is going to require a makeover of its electric grid on a scale that hasn’t happened since the 1970s.
Posted inBusiness, Local & State
Lack of support stalls Maine lawmaker’s push for consumer-owned power
A bill to replace privately owned electric utilities with a power authority run by an elected board was neutered at the last minute by its sponsor, Democratic Rep. Seth Berry. But Berry and other advocates aren’t giving up.
Posted inLocal & State, Uncategorized
More than 1,400 Maine customers still without electricity Thursday night
Crews for CMP and Versant worked through the night Wednesday and throughout the day Thursday to repair damage from the wind and rainstorm that blew through the state.
Posted inBusiness, Local & State
Backers of consumer-owned power utility move to put question on Maine ballot
Supporters of replacing Maine’s investor-owned electric companies with an elected power authority filed a request with the Secretary of State’s Office on Sept. 18.
Posted inBusiness, Local & State, News
Bill to replace CMP with public entity faces key vote Friday
A legislative committee is set to decide whether to send the measure, which also would affect Versant Power, to the full Legislature.
Posted inBusiness, Local & State, News
Recently sold Emera Maine rebrands itself as Versant Power
The electric utility, which serves northern and eastern Maine, was purchased in March by Enmax Corp., a western Canadian utility.