The overnight storm left lots of heavy, wet snow around Lewiston and Auburn and even more in some stretches of Oxford and Franklin counties.
central maine power
Posted inBusiness, Nation / World, News
Proposed $4.3 billion merger of Avangrid, New Mexico utility scuttled
Officials with New Mexico’s largest electric utility say a proposed multibillion-dollar merger with Avangrid, a U.S. subsidiary of global energy giant Iberdrola, has been scuttled.
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Posted inMaine, Maine Crime, News
Line workers in Augusta helping restore power have gear stolen from trucks
Even as the theft was reported, Mainers came together to feed hundreds of linemen who are away from their homes working on restoring electricity in the aftermath of this week’s storm.
Posted inBusiness, Maine, News
Central Maine Power CEO says victory over public power proposal ‘validated’ the utility’s work
Joseph Purington did, however acknowledge that the utility still has work to do to improve customer relations.
Posted inBusiness, Election 2023, Maine, News, Politics
After voters reject public power, Maine’s path to utility reform is unclear
One lawmaker is proposing performance-based ratemaking as a possible way to address problems highlighted by the failed campaign to take over Maine’s investor-owned utilities.
Posted inElection 2023, Maine, Politics
Effort to create Maine publicly owned electric utility fails
A proposal to create a publicly owned utility by taking over Maine’s 2 big investor-owned utilities failed by a wide margin in Tuesday voting.
Posted inBusiness, Maine, News, Politics
Opponents of public utility takeover far outspend supporters as Election Day nears
The owners of Maine’s largest power companies have spent more than $37 million to defeat Question 3, while the leading supporter of a public utility takeover has spent just over $1 million.
Posted inBusiness, Election 2023, Maine, Politics
Auburn and Lewiston mayors have concerns over Question 3 and property taxes
The mayors of nine cities say they fear losing property taxes if Question 3 passes, despite language in the enabling legislation that should prevent that from happening.
Posted inBusiness, Election 2023, Politics
Public power question sharpens voters’ concerns about what’s at stake
A proposal to take over the state’s two investor-owned utilities raises worries about reliability, politics, workers’ rights, lawsuits and costs. Some are still in the dark.
Posted inBusiness
$30 million grant to bolster CMP grid a down payment on big projects
The money will be spent installing new devices that allow power to be restored more quickly and often remotely. The limited number of new devices already in service restored power to 74,000 customers in less than five minutes, said CMP.