Before everyone starts jumping on the proposed Pine Tree Power Co. to replace our two current electricity providers – which I have no love for at all – the last time the Legislature got involved in the state’s power needs, they gave us deregulation. This forced Central Maine Power to divest some of its assets to a private company, which was supposed to make electricity prices more competitive.
Prior to this, when CMP was a regulated monopoly, we never had interruptions in service and prolonged outages like we have today.
Deregulation has saved us nothing, and many of the companies providing power, such as Electricity Maine, have proven to be scams whose rates are higher than the standard offer.
Perhaps we would be better served to go back to the old model – if that’s even possible anymore.
Be careful what you wish for when government gets involved in trying to save us money.
Jon Spinner
Scarborough
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