Vistra (NYSE: VST) combines an innovative, customer-centric approach to retail with a focus on safe, reliable, and efficient power generation. Through our retail and generation subsidiaries, Vistra provides retail electric products to Maine consumers as well as providing electric generation via our electric generation facility.
Brands in ME
Maine Gas & Electric
Vistra in ME
Employees: ~ 20
- Retail Electric
- Electric Generation
Retail Customer Classes Served:
- Small & Medium Business
- Large Commercial & Industrial
- Government / Public
Total: 1 facility @ 543 MW
Listing by Fuel Type:
- Gas: 1 facility @ 543 MW
Corporate Facilities: 0
Nameplate Generation Capacity: 5,122.6MW
Annual Electric Generation: 11,280,700 MWh
Annual Electric Consumption: 12,354,819 MWh
Annual Natural Gas Consumption: 45,644 MMCF
Annual CO2 Emissions: 2,201,608 Metric Tons
Population: 1.33 million (<1% total U.S.)
Housing Units: .72 million (1% total U.S.)
Business Establishments: .04 million (1% total U.S.)
State capacity, generation, consumption and emission statistics from EIA.gov 2018 data (latest available). Nameplate capacity and generation includes all sources. Consumption represents sales to ultimate consumers across all customer classes. Natural gas consumption by end use. CO2 emissions from all electric generation sources, does not include transportation or other sources.
Key Third Parties
New England Power Generators Association (NEPGA)
Competitive Markets: We believe in the power of competition to spark innovation and unleash customer benefits and value. As such, we believe that markets should be allowed to function freely with minimal oversight and regulated only to the extent needed to ensure a fair and equitable treatment of market participants and customers.
Out of Market Subsidies: We believe that the competitive market works best without outside interference. Out-of-market subsidies run counter to a well-functioning competitive electricity market. We recognize, however, that it is not always possible to avoid subsidies for various policy or political reasons. Therefore, should subsidies be implemented, we believe that such subsidies should be targeted, technology neutral, time limited and phased out as the rationale for the subsidized item becomes obsolete
Traditional Generation: We believe that coal, natural gas, nuclear and other “traditional” electric generation facilities continue to have a role to play in generating safe, reliable and secure power to customers. We believe these facilities operate best in competitive markets as part of a broad generation portfolio.
Renewable Generation: We understand that the generation methods of today will not always be the generation methods of tomorrow. We believe in pursuing economic and appropriate opportunities to integrate new generation technologies and approaches into the grid. We further believe that in competitive areas, such technologies or approaches should be backed by private investment and not subject to market distorting mandates or public subsidization.
Customer Protections: We believe that customers should be protected against bad actors in the market. As such, we believe that customer protection regulations should provide relief to customers in these situations. We believe that customer protections should be structured in such a way that does not inhibit innovation, prevent fair business practices or punish good actors operating in good faith.
Limited Income & Vulnerable Group Protections: We believe that certain groups of customers may require greater assistance and/or protections than other classes. Among these are limited income, elderly, and medical critical care customers. We support public and private programs to assist these customers with their energy needs and protections to ensure they have the energy they need to prevent life-threatening conditions.
Environment: We believe in operating our company and facilities in a clean and environmentally friendly manner. As such, we will always comply with existing environmental regulations. We further believe that any new environmental laws and regulations should be targeted, based on sound science, and that their costs be commensurate with the benefits obtained. Environmental reporting should be based on actual measured data, consolidated as much as possible and should not create an undue compliance burden.
EV & EV Infrastructure: Vistra supports the adoption of electric vehicles and the build out of EV infrastructure, including charging stations. Vistra believes that EVs and EV infrastructure are competitive products and should be provided through the competitive market. While Vistra does not support subsidization of competitive products in general, if legislative or regulatory action is taken to provide out-of-market support to EVs or EV infrastructure Vistra believes that these out-of-market actions should be targeted, time limited and done outside of utility rates.
|Casco Bay||Veazie, ME||Gas (CCGT)||543||129||5||2||ISO-NE|