Governor Mills has reservations about buyout of utilities
A committee voted 9-2 in favor of the bill, but it has yet to go to the full Legislature
(AP) - Maine Gov. Janet Mills has reservations about a bill that would replace a pair of power companies with a consumer-owned electric utility.
Mills, a Democrat, told Maine Public on Wednesday that the proposal presents “a rosy solution to a very complicated series of problems.”
The proposal by Democratic Rep. Seth Berry would create an independent nonprofit Pine Tree Power Company to replace Central Maine Power and Versant.
Critics say the bill would be costly and would cause years of litigation.
A committee voted 9-2 in favor of the bill, but it has yet to go to the full Legislature.
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