The Public Utilities Commission turns down a proposed settlement with Electricity Maine, saying it falls short of what’s needed to punish the company, and orders staff to renew its efforts to find a resolution to the long-running dispute.
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Posted inBusiness, Maine, News
Maine’s public advocate criticizes state’s tentative settlement with Electricity Maine
Under the agreement, thousands of customers who were overcharged for electricity would be reimbursed anywhere from $10 to $4,000. But Public Advocate Bill Harwood says stricter sanctions are needed.
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Posted inBusiness, Maine, News
Another rate cut will further reduce electricity costs for CMP customers in 2024
A complicated formula drafted by federal and New England energy officials is behind the second announcement in as many weeks of an electricity rate cut.
Posted inBusiness, Maine
Maine watchdog seeks to have Electricity Maine’s license revoked, says it overcharges
Some of the electricity supplier’s customers pay 40 cents per kilowatt hour, compared with the state’s standard offer of 17.6 cents, according to the state’s consumer advocate.
Posted inBusiness, Maine, New England, News
Rate-setting practice for ‘standard offer’ power supply is costing Mainers millions
The state is the only one in New England where customers are locked into ‘standard offer’ prices for 12 months.
Posted inBusiness, Maine, News
Rate hike approvals add to rising bills for CMP, Versant customers
The PUC approved an increase tied to renewable energy policies that will combine with a previous rate hike to raise an average CMP customer’s bill by more than $10 a month beginning July 1.