Versant Power
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PublishedDecember 19, 2021
Maine Voices: Public power would be a bad deal for Maine
A public takeover of the state's electric transmission and distribution system is riskier than its backers claim.
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PublishedNovember 17, 2021
Costly electricity supply will add $30 to average home’s monthly CMP bill in 2022
Customers face a jolt in electricity supply costs, raising questions of whether Maine's policy of updating supply rates annually exposes them to greater volatility.
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PublishedNovember 16, 2021
Rate increase will raise average Versant Power bills by $30 a month next year
The sharp increase likely foreshadows a similar change in the supply rate for Central Maine Power customers in 2022, to be determined Wednesday.
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PublishedSeptember 7, 2021
Referendum would require vote on cost of buying out CMP and Versant
CMP-backed opponents of a proposed consumer-owned utility in Maine say voters should have the final say on the purchase price.
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PublishedJuly 15, 2021
Our View: Gov. Mills’ veto won’t end public power debate
Fed-up consumers will still likely get the last word on the future ownership of Maine’s electric grid.
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PublishedJuly 14, 2021
CMP customers to see double-digit rate increase next month
The new rates approved by regulators Wednesday will hike Central Maine Power customers' bills by 11.5% starting Aug. 1.
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PublishedJuly 13, 2021
Mills vetoes bill calling for forced buyout of CMP and Versant Power
The governor calls the performance of Maine's electric utilities 'abysmal' but says the bill to form a consumer-owned utility was 'hastily drafted' could create more problems than it solves.
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PublishedJune 30, 2021
Legislature passes consumer-owned utility bill after Maine Senate reverses course
But supporters would have to pick up additional votes to override a likely veto from Gov. Janet Mills, who has expressed concerns about the buyout of CMP and Versant Power's assets.
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PublishedJune 29, 2021
Maine Voices: I don’t like CMP. But I don’t support a publicly owned Maine utility.
More aggressive enforcement by the PUC is a better way to ensure the utility is prepared for the dramatic demands on the grid we’re going to face.
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PublishedJune 27, 2021
Maine Voices: Young Mainers will be inheriting the grid – we would like to own it
If we’re going to increasingly rely on electricity for our basic needs in the future, consumer ownership, not investor ownership, is the way to go.
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