Conceived as a fail-safe in case Question 3 passes, Question 1 would require voter approval for certain government bodies to take on more than $1 billion in debt.
Versant Power
Posted inOp-eds, Opinion
Commentary: With so much uncertainty, Pine Tree Power is a bad deal for Maine
Do we really want to be on the hook for ensuing litigation and billions of dollars in unpredictable costs?
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Posted inBusiness, News
Mills urges voters to reject public utility takeover
The governor cited uncertainty about the long-term benefits of Pine Tree Power, and its initial cost.
Posted inBusiness, Local & State, 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.
Posted inMaine Voices, Opinion
Maine Voices: Pine Tree Power critics have vastly exaggerated CMP’s, Versant’s likely cost
Federal filings, Maine law and regulations and the current market for public utility assets do not support the $13.5 billion figure cited in opponents’ ads.
Posted inBusiness, News
Maine utility ballot question likely to be tied up in court for years
An analysis by the state’s public advocate presents information, but few conclusions, about November’s utility referendum.
Posted inOp-eds, Opinion
Commentary: Endorsement paints too-rosy picture of Maine public power authority
The actual experience of eminent domain and public power shows delay, cost increases and diversion from addressing climate change.
Posted inBusiness, Local & State, News
Sierra Club endorses Maine publicly owned utility ballot question
Voters will decide on Nov. 7 whether the state’s power distribution system will be maintained by investor-owned utilities or a state-led nonprofit.
Posted inLetters
Letter to the editor: Pine Tree Power beats alternative
CMP has the most and longest outages, the worst customer service, and among the highest rates in the country.
Posted inOp-eds, Opinion
The Maine Millennial: Pine Tree Power will be a change for the better
Notice that opponents attack the referendum proposal instead of defending CMP.