The Maine Public Utilities Commission is weighing a system of regular report cards and possible penalties for power utilities in the state.
Versant Power
Posted inBusiness, Maine
Maine regulators propose tougher performance standards for power utilities
The Maine Public Utilities Commission is considering a plan to add new standards through rulemaking that would be similar to those proposed in a pending bill being debated in the Legislature.
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Posted inBusiness, Maine
Legislative committee splits 3 ways on utility accountability bill
Lawmakers will be under pressure to find some compromise on making power companies more accountable in Maine.
Posted inBusiness, Maine
Dozens weigh in on Maine utility report card proposal in marathon hearing
A legislative committee hearing on the proposal for greater scrutiny of the state’s major electric utilities led to hours of public comment, both for and against.
Posted inBusiness, Maine, News
Gov. Mills’ plan to rein in power companies faces two-pronged opposition
Many opponents either said the bill is a cynical ploy to maintain the status quo, or government overreach to address problems that don’t exist.
Posted inBusiness, Maine, News
Regulators approve $90 electric bill credit for low-income Mainers
The one-time credit is expected to be applied automatically to about 90,000 customers’ accounts by March 30.
Posted inBusiness, Maine, News
Gov. Mills proposes electric bill credit for 90,000 low-income Mainers
The one-time, $90-per-customer credit, to be issued by the end of March, would help offset higher electricity rates.
Posted inBusiness, Maine
Gov. Mills preparing utility accountability bill, with threat of consumer-owned option
The proposal could emerge as a competing alternative to the push for a statewide consumer-owned utility in Maine to replace CMP and Versant.
Posted inBusiness, Maine
Advocates of consumer-owned power utility running out of time for 2022 ballot
Organizers won’t say yet, but there are signs that signature-gatherers won’t meet Friday’s deadline for the November ballot.
Posted inBusiness, Maine
Costly electricity supply will add $30 to average home’s monthly CMP bill in 2022
Customers face a jolt in electricity supply costs, raising questions of whether Maine’s policy of updating supply rates annually exposes them to greater volatility.