In the 1990s Maine’s power rates were 50% above the national average. Then Maine restructured its electric industry beginning in March 2000. Today power rates are closer to 20% above the national average and consistently the lowest in New England. A review of Maine’s history of restructuring reveals that there are no simple solutions for further reductions in energy costs while preserving reliability.
by Steve Ward
Energy Policy: No Magic Bullet for Maine in the Next Decade