What’s nonetheless unknown about Maine’s proposed utility takeover

AUGUSTA, Maine — It stays unclear whether or not the proposed takeover of Central Maine Energy and Versant’s infrastructure will enhance customer support, reliability and the state’s progress in the direction of its local weather objectives, Public Advocate William Harwood stated Tuesday.

Harwood’s workplace launched an summary Tuesday of “among the extra vital points and questions” dealing with Query 3 on the November poll, which might place the infrastructure of Maine’s two largest electrical utilities underneath the management of an elected board.

These in favor of making a brand new Pine Tree Energy Firm have argued a consumer-owned utility would give Mainers extra management over what’s now an investor-owned system that includes Versant and CMP, each of which have foreign-owned dad or mum corporations, saying the brand new mannequin would offer billions in financial savings and assist the state attain emissions objectives.