In November, Mainers will have the opportunity to approve a ballot measure that would establish Pine Tree Power Company, a nonprofit, consumer-owned utility.
On Sunday, May 21 at 1:00 p.m., the Midcoast Unitarian Universalist Fellowship and the Maine UU State Advocacy Network (MUUSAN) will host an informational program on Pine Tree Power at the Midcoast Friends Meeting House in Damariscotta.
Consumer-owned Pine Tree Power would replace Central Maine Power (CMP) and Versant, both of which are owned by investors. Pine Tree Power’s goal is to provide reliable and affordable electrical transmission and distribution services and help the state meet its climate, energy and connectivity goals as quickly and cost-effectively as possible.
Last year, CMP reported nearly $200 million in earnings. “If we had a nonprofit, consumer-owned utility, that money could be used to lower people’s electricity rates and better support our electric grid,” said Jill Linzee of New Harbor, honorary chair of MUUSAN’s climate protection group.
The May 21 event is free and open to the public with no registration required. The Midcoast Friends Meeting House is located at 77 Belvedere Road in Damariscotta.
For more information, email email@example.com or visit the Midcoast Unitarian Universalist Fellowship Facebook page.