Utility regulators blame high natural gas prices on the continued surge in cost. The new rate will take effect in January.
central maine power
Posted inBusiness, Local & State, News
Rate hike will bump up average Versant Power electric bill by $24 a month
The standard-offer rate, the price customers pay for the supply of power, is rising 41% next year in northern and eastern Maine. A similar increase may be in store for Central Maine Power customers.
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Posted inElection 2022, Local & State, Politics
Group submits petitions for initiative to ban foreign spending on state referendums
Protect Maine Elections wants to put the referendum spending question on the November 2023 ballot.
Posted inBusiness, Local & State, News
Advocates and foes of consumer-owned power say they have enough signatures for dueling 2023 ballot questions
Groups for and against the creation of Pine Tree Power, a nonprofit electric utility, say they have petitions that would create competing referendums.
Posted inBusiness, Local & State, New England, News
Judge denies request to continue work on NECEC transmission corridor
Lawyers for the CMP-backed project to bring hydropower from Quebec through western Maine had asked a court to reconsider an injunction halting the work while the case progresses.
Posted inBusiness, Local & State, New England, News
Judge weighs whether work can resume on building CMP corridor
Lawyers for the 145-mile electricity transmission project said work needs to get going soon or it won’t be economically viable.
Posted inBusiness, Local & State, News
Maine small businesses will get help with spiking electricity bills
A state program will provide credits of more than $2,000 to hundreds of businesses to provide relief from high electric rates.
Posted inBusiness, Local & State, New England, News
Maine DEP wants sections of proposed NECEC corridor cleaned up
The project to build a power transmission line through western Maine is suspended, but the state said the contractor must clean up crane mats and previously cut trees.
Posted inBusiness, Local & State, News, Uncategorized
Judge schedules April trial in electricity corridor case
The latest phase of a lawsuit will determine whether the builders of the 145-mile transmission line had done enough work to have ‘vested rights’ in the project, which would nullify a state referendum vote to block it.
Posted inLocal & State
Winds from Fiona cause power outages in Maine
Much of the outages were in Somerset County, with 1,009 customers in the dark at one point.