Consumer-owned utility advocates want to nix takeover unless it saves Mainers money

BANGOR DAILY NEWS • March 9, 2023

Backers of a quasi-state takeover of Maine’s two biggest utilities were in front of lawmakers Thursday making what seemed like a counterintuitive case. The group wants to put a hurdle in front of their 2023 referendum effort, ensuring the takeover only happens if rates are significantly reduced. Utilities are calling it an attempted political bailout, and it got a skeptical response from members of the Legislature’s energy committee on Wednesday.