As electricity rates continue to climb, here’s where the money ends up.
electric utility
Posted inBusiness, Maine, News
What does your Versant bill pay for?
As electricity rates continue to climb, here’s where the money ends up.
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Posted inBusiness, Maine, News
Federal data suggests Maine had the highest electricity hike last year. The picture is not so clear.
A report that residential prices rose in Maine by more than a third raised some alarms, but state officials say the true cost to ratepayers is much lower.
Posted inLewiston-Auburn, News
Upgrading the grid
Utility workers work on Turner Street in Auburn Monday morning.
Posted inBusiness, Maine, News
CMP moves one step closer to avoiding regulatory review of Iberdrola takeover
A report by utilities regulators says an exemption to the state law requiring the review is warranted based on previous approval of a ‘corporate structure’ and dozens of conditions that remain in effect.
Posted inBusiness, Maine, News
Mainers spent $80 million more than necessary on electricity in last 6 years, advocate says
A new report from Maine’s Office of the Public Advocate has renewed concerns about the state’s competitive power marketplace.
Posted inBusiness, Maine, News
Judge orders rewording for referendum question on electric utility
The Maine secretary of state is ordered to draft a new referendum question that doesn’t use the word ‘quasi-governmental’ to describe a proposed consumer-owned electricity company.
Posted inBusiness, Maine, News
CMP, Versant both score last in satisfaction survey of utility customers
The national study gave poor marks to Maine’s two investor-owned electricity companies, and both responded with explanations why.
Posted inBusiness, Maine, News
Petition to replace CMP, Versant with consumer-owned utility has valid signatures to get on ballot
But an opposition group, which is mounting a citizens initiative of its own, says it has gathered enough signatures to blunt the effort.