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Expert Analysis

Maine Court's Ruling Short-Circuits Utilities Commission

By Arthur Adelberg, Barclay Damon LLP (November 29, 2016, 3:52 PM EST) -- In 1997, Maine enacted the Maine Electric Industry Restructuring Act, deregulating electric generation and generally requiring the state's utilities to divest their generation holdings.[1] However, the law permitted limited forms of affiliation between utilities and entities owning generation, and left in place an earlier law giving the Public Utilities Commission sweeping powers to impose conditions on utility reorganizations that create affiliate relationships. [2]...

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