It would take years to establish the new rates, Maine’s top utility regulator told the Legislature’s Energy, Utilities and Technology Committee.
central maine power
Posted inBusiness, Local & State, News
Maine approves rules to restrict utilities’ lobbying, prevent costs from being passed to customers
The new regulations are based on a 2023 law requiring greater transparency by utilities, spurred by multimillion-dollar campaigns both in favor of and against a power line project that was on voters’ ballots.
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Posted inBusiness, Local & State, News
CMP spent $24.5 million on storm cleanups in Maine in 2024
The impact on rates from the storms — which knocked out power to hundreds of thousands of customers in October, November and December — is not yet known.
Posted inBusiness, Local & State, New England, News
Delays to NECEC project in Maine will cost Massachusetts ratepayers more than $500M
Bay State regulators approve the higher costs caused by political and legal opposition to the 145-mile transmission line in western Maine that is expected to come on line in 2026.
Posted inBusiness, Local & State, Maine Crime, News
Scammers are posing as CMP workers. Here’s how to protect yourself.
A Central Maine Power spokesperson said the aggressive tactics of scammers include going door-to-door to try to get money from customers.
Posted inLocal & State, Morning Sentinel
3 left homeless after Detroit fire
Two adults and a 5-year-old lost their home and all their belongings in the early morning fire Saturday at 10 Birchwood St., Detroit fire Chief Don Chute said.
Posted inBusiness, Local & State, News
Maine electricity bills increased again this month
The money will pay for costly improvements to transmission lines across New England, but critics say it’s excessive.
Posted inBusiness, News
Spanish energy giant purchases CMP parent company for $2.5B
Maine regulators allowed Iberdrola’s acquisition of Avangrid to advance without state review, brushing aside objections from the state public advocate and environmentalists.
Posted inBusiness, News, Uncategorized
Maine seeks boost in energy storage to avoid costly grid upgrades
If approved, customers of Central Maine Power and Versant Power would pay more per month initially, but less in the following years, according to a report by Gov. Janet Mills’ Energy Office.
Posted inBusiness, Local & State, News
100,000 Maine households struggle with rising electricity bills – and costs keep going up
The Electric Ratepayer Advisory Council urged state lawmakers to expand assistance to provide greater benefits to more low-income households to relieve an ‘affordability gap.’