Energy News for the Maine Market

Versant Power to Distribute $8M in Rate Relief

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 […]

2020-08-13T16:03:01-05:00August 13th, 2020|Maine Market|

Concern over electricity rates prompts wind contract review

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 […]

2018-06-13T09:35:26-05:00June 13th, 2018|Maine Market|

CMP says internal audit offers no explanation for spike in some customers’ energy bills

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 […]

2018-04-09T13:38:18-05:00April 9th, 2018|Maine Market|

Cheap fuel, stagnant demand drive down New England wholesale prices

By: Robert Walton |