Kurt Adams Maine Quotations

With electricity supply prices at historic levels, Maine consumers cannot stand another federally imposed rate hike. At some point, you have to vote with your feet, and that?s what we did today.

This state followed the federal government's lead and totally deregulated our electricity markets. If FERC accepts this settlement and thereby punishes Maine for restructuring, it will be a clear message that they have abandoned the nation's experiment with electric power sector deregulation.

Because we do not have generation assets to ?hedge? the impact of the rate hike, Maine consumers take the hit worse than any other state in New England.