Maine Market

Versant Power (formerly Emera Maine) has announced its approval of a deal to provide customers with $8 million dollars in rate relief to their distribution costs. This will apply to customers throughout the Bangor Hydro District and Maine Public District. Customers will see the savings on their bills starting in September and continuing throughout the … Read more

By: CTPost.com | A Maine utility is looking for approval to increase electricity distribution rates by more than 10% for residential customers. Central Maine Power is asking the Maine Public Utilities Commission to sign off on the increase, which would result in a monthly increase of $3 for the average residential customer. The Portland Press … Read more

By: Lori Valigra | In a proactive move, Central Maine Power Co. said Thursday it will add an explanation to customer bills to help them understand why parts of their bill may be higher in 2019. The move comes after an external auditing firm found that unusually high customer bills earlier this year were not … Read more

By: Fosters.com | Most electricity customers in southern and central Maine will see higher electricity rates starting Jan. 1. The Portland Press Herald reports that the cost of power will go about 14 percent for such customers. The Maine Public Utilities Commission approved Monday to raise the standard offer rate for 2019 from 7.9 cents … Read more

By: Tux Turkel | Roughly 3,400 new Central Maine Power customers that have been drawing electricity for months have not received bills and are being charged for only a fraction of what they actually used, an action that means other CMP customers may have to make up the lost revenue. The company has decided to … Read more

By: The Sacramento Bee | Maine utility regulators, concerned that a contract that finances an offshore wind energy project could raise electricity rates, are taking another look at the agreement. The Maine Public Utilities Commission voted Tuesday to re-open the contract, the Portland Press Herald reported . The average Central Maine Power residential customer could … Read more

By: Peter McGuire | Central Maine Power Co. says an internal audit triggered by more than 1,500 customers’ complaints has so far found no problems with the company’s systems that would explain the unusually high electricity bills reported by customers. The company says it has reviewed about 25 percent of the 1,580 complaints of excessive … Read more