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Keyword: consumerowned

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  • Mainers vote down ballot measure to create consumer-owned utility

    11/08/2023 8:58:06 AM PST · by ChicagoConservative27 · 8 replies
    The Hill ^ | 11/08/2023 | ZACH SCHONFELD
    Maine voters rejected a ballot initiative Tuesday that would have replaced the state’s electric utilities with the first state consumer-owned utility. The initiative, Question 3, would have created the Pine Tree Power company through a takeover of Maine’s two investor-owned utilities, Versant and CMP. The Associated Press called the race Tuesday night with about 68 percent of the vote counted, indicating only about 30 percent of voters supported the proposition.