The proposal to seize Maine’s electric grid and create a new government-controlled power company would not only be expensive, it would take at least a decade to complete. What seems like a better idea: spend the next decade fighting over who owns the grid or spend it working to modernize our grid for better reliability and to achieve the ambitious goals for more electric vehicles and electric heat pumps laid out in Maine’s Climate Action Plan?
Never has the scope and scale of what’s being proposed here in Maine even been attempted.
A comprehensive study on why government takeovers fail found that, since 2000, over 60 municipalities have tried or considered taking over a privately run grid. Only 11 have been managed to complete the transfer of ownership, and 2 have since been transferred back to private ownership. (Learn More)
At every point where something could go wrong to make it harder and longer and more expensive, it has.