The Maine Legislature passed the bipartisan bill LD 1708, “An Act to Create the Pine Tree Power Company” on June 30.

This legislation allows voters to decide in November whether to create a lower cost, more reliable and more responsive ratepayer-owned nonprofit utility company named Pine Tree Power Company to replace Central Maine Power and Versant.

Here’s a timeline showing the proposed process and timeframe for creating Pine Tree Power. And here’s a chart showing how Pine Tree Power will be organized.

The Governor vetoed LD 1708 on July 13 despite the proposal’s wide popularity–75% of Maine voters approve. Our Power is determined to take the proposal passed by the legislature directly the the voters in a Citizen Initiative in 2022. Please join us.