While backers applaud the draft permit for the $1 billion transmission line to bring electricity from Quebec to Massachusetts, opponents say the project would provide “no verifiable reduction in greenhouse gases.”
central maine power
Posted inBusiness, Local & State, News, Politics
Maine Ethics Commission votes 2-1 to investigate power line opponent
The commission’s decision follows a complaint from a political action committee backing Central Maine Power’s proposed $1 billion transmission line through western Maine’s mountains.
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Posted inBusiness, Local & State, News
Maine regulators seek input on who should pay for CMP audit
The Liberty Consulting Group of Pennsylvania spent nearly $580,000 to help determine whether Central Maine Power’s new billing system was responsible for the high bills many customers complained about.
Posted inBusiness, Local & State, News
Despite its opponents, CMP corridor project well underway
Tens of millions of dollars already have been invested in land purchases, design and engineering, contracts and materials.
Posted inNews
Thousands in Midcoast lose power, no impact on Election Day voting
According to Catherine Hartnett, Central Maine Power’s spokesperson, customers lost power for about an hour Tuesday morning until an equipment replacement resolved the issue.
Posted inBusiness, Local & State, News, Politics
Bill to create consumer-owned electric utility meets Republican resistance
Republicans on the Legislature’s energy committee show no support for the Democratic bill to create a consumer-owned power authority to buy the assets of Maine’s two private electric utility companies.
Posted inBusiness, Local & State, News, Uncategorized
Lawmakers scrutinize proposal for consumer-owned power company
A consultant’s report predicting mixed financial impacts has drawn criticism from proponents of a public takeover of Central Maine Power and Emera Maine.
Posted inBusiness, Local & State, News
CMP brings back former CEO in effort to regain public’s trust
David Flanagan will serve as executive chairman of the electric utility’s board of directors, and CMP President and CEO Doug Herling will report directly to him.
Posted inBusiness, Local & State, News, Politics
Panel endorses bill requiring CMP to renegotiate lease along corridor route
The bill now goes to the full Legislature for consideration.
Posted inBusiness, Local & State, News
Public takeover of Maine’s electric utilities could bring higher rates, tax revenue losses
But the switch could lead to lower rates over 30 years, according to an analysis by independent consulting firm London Economics.