The Maine Public Utilities Commission, which ordered the review after an investigation of the utility’s rates, is inviting public comment and will decide the next steps.
CMP
Posted inBusiness, Maine, News, Politics
Bill to form consumer-owned utility rejected by a single vote in Maine Senate
The measure, which called for consumer purchase of Central Maine Power and Versant Power, cleared the Senate in a preliminary vote but was turned away on final enactment.
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Posted inLewiston-Auburn, Maine
Lewiston might lose out if consumers own Maine’s power company instead of CMP and Versant, some say
There’s concern that a proposal to have publicly-owned electrical company could lead to a reduction in tax payments on utility properties.
Posted inBusiness, Maine
CMP fined $360,000 for transmission system testing violation
The company was cited for violating industry testing standards meant to ensure stability and prevent outages.
Posted inBusiness, Maine
CMP’s top executive announces plans to retire
Doug Herling, the utility’s president and CEO, joined Central Maine Power in 1985 as an equipment operator at Wyman Station in Yarmouth.
Posted inBusiness, Maine
Bill to replace CMP and Versant with consumer-owned utility gains committee approval
The Energy, Utilities and Technology Committee’s 9-2 vote, with 2 lawmakers absent, advances the bill for consideration by the full Legislature and, ultimately, Maine voters.
Posted inBusiness, Maine, New England, News, Politics, Uncategorized
After receiving complaint, state says CMP-backed corridor complying with permit for tree-cutting
Opponents of the high-voltage transmission line through western Maine have alleged that contractors cut a wider swath through the forest than its environmental permit allows.
Posted inBusiness, Maine, News, Politics
Q&A: How would a consumer-owned utility work in Maine? Would I save money?
The proposal to create a consumer-owned electrical utility in Maine raises complex questions that aren’t easily answered.
Posted inBusiness, Maine
Massive company email dump could slow CMP solar investigation
A request by state regulators for relevant correspondence would produce an estimated 120,000 emails, the utility says, so the request has been narrowed to the 20,000-to-30,000 range.