Maine considers electrifying proposal that would give the boot to corporate electric utilities

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Maine considers electrifying proposal that would give the boot to corporate electric utilities
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Taking a page from the “throw-the-bums-out” script in politics, Mainers will vote on whether to rid themselves of the state’s two biggest private electric utilities

Taking a page from the “throw-the-bums-out” script in politics, Mainers are poised to vote on an unprecedented plan to rid themselves of the state's two largest electric utilities and start with a clean slate. The proposed takeover of two investor-owned utilities that distribute 97% of electricity in the state would mark the first time a U.S. state's utilities were forcibly removed at the same time.

There are no guarantees that changing ownership will solve problems, said Jacobs, who's skeptical of Maine's referendum. He suggested people should focus on tackling problems instead of demanding new ownership. The anger and frustration from electric ratepayers in Maine is a far cry from the days when Iberdrola bought Central Maine Power, the state’s largest electric utility.

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