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PublishedJuly 17, 2024
Spanish energy giant Iberdrola seeks full control of CMP parent
Maine regulators are reviewing the deal in which Avangrid would become a privately held company and assessing how relieving it of federal public reporting requirements would impact ratepayers.
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PublishedJune 12, 2024
CMP bills to rise at least $10 a month; destructive storms blamed
State regulators approve the increase to cover the $220 million cost of restoring power after recent storms, and promise a proceeding in the 'near future' to consider how to balance storm response with affordability.
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PublishedJune 10, 2024
CMP agrees to small cut in storm reimbursement request after criticism over unjustified spending
Maine's largest utility also agreed to improve how it documents its preparation for storms and recovery afterward to better justify reimbursement from ratepayers.
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PublishedJune 5, 2024
Maine regulators order audit of Versant Power after multiple rate increases
State utility regulators did not give reasons why they ordered an audit of Maine's second-largest utility, but it acted after rate increases this year and in 2023 and a request for another in 2025.
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PublishedMay 31, 2024
CMP, Maine near settlement over complaint utility overspent on power restoration
Central Maine Power Co. and the state's public advocate are nearing agreement on how much the utility can charge ratepayers for storm recovery costs.
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PublishedMay 29, 2024
State regulators reject settlement with Electricity Maine over customer complaints
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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PublishedApril 29, 2024
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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PublishedMarch 28, 2024
Maine House rebuffs plan to use performance as guide for utility rates
Several Democrats joined solid Republican opposition to reject legislation that proposes a first step in judging utilities' performance when setting rates.
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PublishedMarch 14, 2024
Maine regulators might let utilities report surges in power use as way to identify illegal cannabis grows
Versant Power, which calls illegal marijuana operations an 'escalating problem,' proposed the change to allow it, CMP and other utilities to disclose confidential customer information to law enforcement when there is 'good faith belief' of a crime.
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PublishedMarch 1, 2024
Central Maine Power asks regulators for $162 million reimbursement for storm repairs
If approved by regulators, electricity rates will go up for more than 635,000 CMP customers.
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