This week our analysts are attorney and longtime WGAN Morning Show co-host Ken Altshuler, and Ray Richardson of WLOB Radio.
MAINE, USA — A bipartisan bill to buy out Central Maine Power and Versant Power and create a consumer-owned electric company drew much public comment this week. Our analysts are skeptical about whether the measure will be enacted.
Ray Richardson calls it a “horrible idea,” saying “The people that run our roads and bridges, those same folks would be running the state-run utility.”
He adds that studies have shown government or consumer-owned utilities have a terrible record for reliability.
Ken Altshuler says “It’s easy to hate the electric company.” And he says while there are small consumer-owned electric companies in Maine, they’re not CMP with…