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.
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Posted inBusiness, Local & State, 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.
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Work on NECEC transmission line may begin again soon
The Department of Environmental Protection has lifted a stop-work order on the stalled power line project, which is backed by Central Maine Power affiliates.
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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, Local & State, News
Mainers will decide whether to replace CMP, Versant with a nonprofit utility
After a 2-hour public hearing on Thursday, a legislative committee sent the referendum question to voters in November.
Posted inBusiness, Local & State, 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, News
Work can resume on CMP power-line project, jury rules
Construction of the 145-mile line through western Maine has been stalled since a 2021 voter referendum that opposed the $1 billion project.
Posted inBusiness, Local & State, News
Future of CMP power line corridor now rests in jury’s hands
Closing arguments in a civil trial focused on whether developers of the stalled 145-mile line sped up construction simply to gain legal rights to continue building.
Posted inBusiness, Local & State, News
Defense rests on day 6 of trial over fate of CMP corridor
Jurors heard more conflicting accounts of why construction work sped up on the electricity line, which is supported by Central Maine Power and would extend 145 miles through western parts of the state.
Posted inBusiness, Local & State, New England, News
After 5 days of trial over CMP corridor, many questions remain
In a week of proceedings, the trial over the fate of the Central Maine Power-backed corridor has often involved debate around the type of construction work performed.