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siebzy t1_jat93jg wrote

Reply to comment by Earthling1a in Maine Energy Progress? by whatsamain

It's currently a state sanctioned monopoly. Neither CMP nor Versant (owned by the same foreign conglomerate) have any free market competition. Their profits are purely rent-seeking, rather than based on success in a competitive market.

Instead of sending that unearned profit to an overseas conglomerate, we could keep it in Maine - and return that profit to taxpayers in the form of lower rates and better service over time.

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