Opinion: How Pine Tree Power could save Mainers money

BANGOR DAILY NEWS • October 16, 2023

The current owners of our electric grid, CMP and Versant Power, have been unable to meet our renewable energy needs. But I believe Pine Tree Power can and will meet our needs, if voters support it in November. Pine Tree Power can save ratepayers billions through lower financing rates and by not having to pay profits to shareholders. As a nonprofit, Pine Tree Power would have no shareholder obligations. This can free up excess revenue to be used to lower rates, or reinvest in the grid. Please vote yes for Pine Tree Power in November. I believe it’s our best chance for a robust, reliable and affordable electric grid that will serve Maine’s current and future needs. ~ Susan Inches, author, teacher and environmental advocate, North Yarmouth