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LePage administration moves to reverse 15 years of electricity deregulation policy

from Maine Public Broadcasting

Fifteen years ago, Maine restructured its electricity business. The state required power companies to sell off their generating facilities and become only transmission and distribution companies. Gov. Paul LePage says that policy has failed and he wants a major restructuring of the electricity business. Starting in March of 2000, Mainers were supposed to gain an advantage by creating competition in the electricity business. That would be done by separating the generation of electricity from its transmission and distribution. more

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