Dad On Retire
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Email Whitelisting
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Dad On Retire
No Result
View All Result
Home News

Maine public utility project supporter aims to stop vote on debt

DadOnRetire by DadOnRetire
February 9, 2023
in News
0
Maine public utility project supporter aims to stop vote on debt
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

A supporter of a proposal to create a consumer-owned electric utility is suing to stop a separate popular vote that could stymie the effort by restricting long-term debt needed to buy out the existing utilities.

The lawsuit filed Monday asks a judge to reverse the secretary of state’s certification of petitions allowing the debt referendum to appear on the November ballot alongside one to create a new utility.

The secretary of state certified 68,807 signatures were valid, surpassing the threshold for a statewide vote by 1,125 signatures. But the lawsuit contends at least 3,200 approved signatures were actually invalid.

Secretary of State Shenna Bellows declined to comment Wednesday.

No Blank Checks, which is pressing for voter approval of long-term debts, dubbed the legal action a ‘frivolous’ attempt to prevent voters from weighing in.

‘These lawsuits and partisan political games are just a taste of what we would be in for if Pine Tree Power got control of our electric grid,’ Willy Ritch, executive director of No Blank Checks, said in a statement Wednesday.

The lawsuit was brought by Bill Dunn, an electric utility consultant from Yarmouth who is part of Our Power, the group leading effort to create a new utility.

Supporters of a consumer-owned utility say poor performance and high electric rates warrant shuttering Central Maine Power and Versant Power and replacing them with an new entity called Pine Tree Power.

No Blank Checks contends it would cost $13 billion to buy out the existing utilities — negating any anticipated savings. Its referendum would require voter approval for debts exceeding $1 billion to buy out the privately owned utilities.

Both proposals would have to first be considered by state lawmakers. They would go to voters in November if lawmakers declined to adopt the proposals.

The Maine Legislature approved a proposal in 2021 to buy out CMP and Versant and replace them with Pine Tree Power.

Democratic Gov. Janet Mills vetoed the bill, saying that the utilities’ performance was ‘abysmal’ but that the proposal was ‘deeply flawed.’

This post appeared first on FOX NEWS
Previous Post

AOC says GOP reviving ‘legacy of slavery’ by ending non-citizen voting rights in DC

Next Post

Ohio eyes Amtrak expansion, seeks federal funding for research

DadOnRetire

DadOnRetire

Next Post
Ohio eyes Amtrak expansion, seeks federal funding for research

Ohio eyes Amtrak expansion, seeks federal funding for research

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

VPN servers seized by Ukrainian authorities weren’t encrypted

July 26, 2021

With help from Google, impersonated Brave.com website pushes malware

July 31, 2021

Prebiotics consumption expands in food and beverage applications – key nutritional benefits drive the ingredient demand

June 11, 2021

With help from Google, impersonated Brave.com website pushes malware

July 31, 2021

The 40 Weirdest (And Best) Charts We Made In This Long, Strange Year

0

How U.S. Government Paper Currency Began, and How Private Banknotes Ended

0

Covid Inside Rural India

0

Reply to “Reply to Whitehead” by Desvousges, Mathews and Train: (4) My treatment of the weighted WTP is biased in favor of the DMT (2015) result/conclusion

0
Biden announces new northern border deal, fentanyl coalition with Canada as immigration crisis rages

Biden announces new northern border deal, fentanyl coalition with Canada as immigration crisis rages

March 25, 2023
Pence touts fighter pilot son in jab at Hunter Biden probe: ‘can’t really relate’

Pence touts fighter pilot son in jab at Hunter Biden probe: ‘can’t really relate’

March 25, 2023
Nancy Pelosi calls out San Francisco archbishop who barred her from communion: ‘His problem, not mine’

Nancy Pelosi calls out San Francisco archbishop who barred her from communion: ‘His problem, not mine’

March 25, 2023
Florida one step closer to giving DeSantis chance to make US a constitutional carry majority

Florida one step closer to giving DeSantis chance to make US a constitutional carry majority

March 25, 2023

Recent News

Biden announces new northern border deal, fentanyl coalition with Canada as immigration crisis rages

Biden announces new northern border deal, fentanyl coalition with Canada as immigration crisis rages

March 25, 2023
Pence touts fighter pilot son in jab at Hunter Biden probe: ‘can’t really relate’

Pence touts fighter pilot son in jab at Hunter Biden probe: ‘can’t really relate’

March 25, 2023
Nancy Pelosi calls out San Francisco archbishop who barred her from communion: ‘His problem, not mine’

Nancy Pelosi calls out San Francisco archbishop who barred her from communion: ‘His problem, not mine’

March 25, 2023
Florida one step closer to giving DeSantis chance to make US a constitutional carry majority

Florida one step closer to giving DeSantis chance to make US a constitutional carry majority

March 25, 2023

Disclaimer: DadOnRetire.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Email Whitelisting

Copyright © 2022 DadOnRetire. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2022 DadOnRetire. All Rights Reserved.