Energy
I hear this from businesses all over Maine: if we can lower electricity costs, we can create more jobs. That's why I'm proposing that we establish a Public Power Authority, which will help businesses access lower-cost electricity and create new jobs.
Maine has an abundance of clean, renewable energy resources, including our forests and farmlands, onshore and offshore wind, tidal and solar power. But I am tired of seeing so much of the electricity generated in Maine exported out of state to create jobs and incomes somewhere else. I want to put some of that electricity to work right here in Maine.
Lowering the cost of electricity is one of the most important things we can do to create new jobs and attract new investment to Maine. That is why I want to create a public power authority – not a big new bureaucracy, but a small commission – that will use low-cost, tax-exempt financing and public-private partnerships to build needed energy facilities, develop our renewable energy resources, invest in energy efficiency and sell lower-priced electricity directly to Maine businesses.
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VIDEO: MAINE'S ENERGY OPPORTUNITY
Eliot recently spoke with the UMaine student senate about his experiences as energy czar in the White House and why he believes that Maine can become an leading global energy center.
