Letter: Maine PUC not set up to side with ratepayers

PORTLAND PRESS HERALD • February 5, 2022

With respect to rate setting, the Public Utilities Commission is currently obligated to look after the interests of company shareholders just as much as ratepayers. If CMP and Versant were converted to a consumer-owned utility, there would be no shareholders. Only then would the PUC be able to do what you suggested: Make decisions that favor the public interest. ~ Wayne R. Jortner, Freeport