Mainers Overwhelmingly Reject Socialist-Backed Power Grid Takeover
By Seamus Othot
November 8, 2023
Updated:November 8, 2023
Maine’s electrical utilities will not be seized by the state and placed under the control of a quasi-governmental body following the overwhelming rejection of Question 3 by Maine voters on Tuesday.
Question 3 asked Mainers “Do you want to create a new power company governed by an elected board to acquire and operate existing for-profit electricity transmission and distribution facilities in Maine”
The new, state-owned company was to be called Pine Tree Power.
Question 3 would have dissolved Maine’s two leading, privately owned power companies, Central Maine Power (CMP), and Versant, and replaced them with the state-run Pine Tree Power by January 2025.
The majority of voters opposed the question, with 69.32 percent voting against the measure.
Although Pine Tree Power claimed on its FAQ page that Pine Tree Power would reduce electricity rates in Maine, voters remained unconvinced.
Pine Tree Power’s claims directly contradicted the findings of a study paid for by the Maine Public Utilities Commission (PUC).
PUC found that the proposal “was likely to raise rates in the short-term due to the cost of financing the acquisition.”
“The proposal could increase taxes and/or result in a reduction in government services due to lower state tax revenues collected from CMP and Versant,” the PUC said.
According to a study by the Concentric Energy Advisors, the aquisition of CMP and Versant, required were Question 3 to have passed, could have cost the state up to $13.5 Billion. The lower estimate of the study was a still significant $8.2 billion price-tag.
Question 1, proposed alongside question three, was meant as an additional safeguard against the state government’s dissolution of the privately owned utility companies.
The article continues at the following weblink:
https://www.themainewire.com/2023/11/mainers-overwhelmingly-reject-...
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Comment
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Comment by Willem Post on November 10, 2023 at 7:16am
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The woke folks would have their own government utility to play their parasitic games with.
Long live private enterprise, the only way to make America greater again
GOVERNMENT INTERFERENCE IS NEVER THE ANSWER. IT MERELY GREATLY INCREASES COSTS
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Comment by Dan McKay on November 9, 2023 at 3:29pm
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Now that the majority of Maine people have found their natural born common sense again, perhaps it is time to repeal the government policies promoting the physically impossible pursuit for carbon dioxide free energy.
Maine as Third World Country:
CMP Transmission Rate Skyrockets 19.6% Due to Wind Power
Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.
Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT
******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********
(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/
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Hannah Pingree on the Maine expedited wind law
Hannah Pingree - Director of Maine's Office of Innovation and the Future
"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."
https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/
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