Maine’s binary choice: achieve climate action goals or try to create “Consumer Owned Utility”

Well deserved outrage over the abysmal performance and poor customer service of Maine’s two investor-owned utilities (IOUs) has spawned an initiative to replace them with a “consumer owned utility” (COU), called Pine Tree Power. Possibly during the next week the Maine Legislature will vote on LD1708, a bill that puts the acquisition of those IOUs by the State to a public referendum. Pursuit of a COU poses a direct threat to the timely implementation of Maine’s climate action goals as well as modernization of its electricity distribution grid. That this initiative and another to block the construction of a transmission […]