PORTLAND PRESS HERALD • June 8, 2021
I support of L.D. 1708, designed to replace Central Maine Power and Versant with a consumer-owned utility. These companies’ business model – buying from large electricity generators and redistributing this electricity to their largest-volume customers – has failed to create the type of dynamic wholesale market that will be needed to carry us into the future of a carbon-neutral planet. Non-discriminatory grid access that would be created by the new Pine Tree Power Co. would enable a more robust market and would serve as a critical foundation for a least-cost, customer-centric transition to a low-carbon or zero-carbon grid. ~ Tracy Floyd, Cape Elizabeth