I will vote for the creation of Pine Tree Power. My support is predicated on an occurrence a few years ago. After several major storms created much damage to Central Maine Power’s infrastructure, the utility applied to the PUC for relief. The PUC approved the request.
Ratepayers were in no way responsible for the storm damage nor the costs incurred for repairs. Perhaps it is naive of me, but I think that those particular costs should have been borne by CMP investors.
A nonprofit owner would not make decisions that benefit its investors over its customers and would instead reinvest in the systems serving those customers. That would be a far more equitable outcome from creation of a public utility than continued distribution of profits to foreign investors.
Mose Price
Harpswell
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