The ‘standard offer’ that many Mainers pay for the supply of their electricity will decrease starting July 15, after the Maine Public Utilities Commission adjusted the rate. Overall electric bills will still rise, but not as much.
Maine Public Utilities Commission
Posted inBusiness, Maine, News
Northern Maine power line project moves forward, slowly
If built as planned, the Aroostook Renewable Gateway Project could create hundreds of jobs and tens of millions of dollars in local tax revenue.
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Posted inBusiness, Maine, New England, News
Time has altered Maine’s offshore wind ambitions
Today’s wind power turbines are far larger than anyone imagined 15 years ago. Turbine blades could be nearly 400 feet long.
Posted inBusiness, Maine, News
CMP rate hike approved by regulators, will increase home bills nearly $2 next month
Under a compromise approved Tuesday, typical Central Maine Power residential customers will see bills will rise 1% in July and then increase roughly $5 by the middle of 2025.
Posted inBusiness, Maine, News
CMP customers may see home electricity bills increase nearly $2 next month
Under a plan that must still be reviewed by the Public Utilities Commission, Central Maine Power’s rates for distributing electricity would be stepped up over 3 years.
Posted inBusiness, Maine, News
Versant Power rate deal would hike bills $5 a month for home customers
The settlement agreement, which must be approved by the Public Utilities Commission, would increase the monthly bill for the typical residential customer by 4%.
Posted inBusiness, Maine, News
CMP rate hike hearings now on hold pending settlement talks
A compromise in a proposed rate hike for Central Maine Power may be reached without an evidentiary hearing or a high-stakes ruling by the Public Utilities Commission.
Posted inBusiness, Maine, News
CMP, public advocate in negotiations to settle rate hike request
A meeting is slated for Wednesday in confidential talks between Central Maine Power and the public advocate over a proposed increase that would take effect Sept. 1.
Posted inBusiness, Maine, News
Two more years for 207: Maine’s sole area code will last to 2029, officials say
The Maine Public Utilities Commission has been trying to preserve the use of 207 phone numbers to avoid adding a second area code in Maine.
Posted inBusiness, Maine, News
Soured on solar? Costs, technical delays dampen outlook in Maine
Community solar farms, which sprouted after a 2019 law went into effect, now face challenges including higher costs for Mainers and glitches in hooking up to the grid.