Sierra Club endorses Maine ballot initiative creating consumer-owned utility ...Middle East

News by : (The Hill) -
The Sierra Club has endorsed a Maine ballot initiative to create the country’s first consumer-owned electric utility, giving the issue national prominence ahead of the November vote. The initiative, Question 3, would create Pine Tree Power, a cooperative that would replace the two existing utilities in the state, Central Maine Power and Versant Power, which service about 80 percent and 13 percent of Mainers, respectively. The issue will be on the ballot Nov. 7. “With Pine Tree Power, Mainers can establish a utility responsible to the public, not far-off investors,” Sierra Club President Ben Jealous said in a statement. “A win in Maine would allow for a quicker, more just expansion o

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