Central Maine Power says it has met or exceeded state-imposed customer service benchmarks and paid a record penalty of $10 million in revenue over 18 months.
central maine power
Posted inOp-Eds, Opinion
David Flanagan: To forge clean-energy future, Maine needs hydropower, established utilities
Reducing carbon emissions will require a balance of carbon-free energy sources and more aggressive monitoring of CMP and Versant.
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Posted inBusiness, Local & State
Referendum would require vote on cost of buying out CMP and Versant
CMP-backed opponents of a proposed consumer-owned utility in Maine say voters should have the final say on the purchase price.
Posted inBusiness, Local & State
David Flanagan, CMP executive chairman and Maine business icon, is battling cancer
Flanagan will take on the less demanding role of senior advisor when incoming President and CEO Joseph A. Purington takes over at the end of September.
Posted inBusiness, Local & State
CMP appoints New England energy exec as its next president, CEO
Joseph A. Purington, president of operations for Eversource Energy in New Hampshire, said he will use his past CMP experience to restore public trust.
Posted inBusiness, Local & State
CMP can defer, recover costs from 2020 storms, regulators decide
The Maine Public Utilities Commission rules that CMP spent more than $34 million prudently to restore service after 2 nor’easters.
Posted inBusiness, Local & State, News, Politics
PAC opposing CMP power line project is fined $2,500 for late filing
Mainers for Local Power failed to notify its contributors they were required to file a report to the Maine Ethics Commission once they donated more than $100,000 to the PAC’s cause.
Posted inLocal & State, News, Politics
Lobbying exceeded $4 million during pandemic session
Despite restrictions on face-to-face interactions, corporate interests working to influence the Maine Legislature still spent millions on lobbyists in 2021.
Posted inBusiness, Local & State, News
CMP, transmission line backers plan to appeal termination of crucial land lease
The companies’ announcement of an appeal comes one day after Maine’s DEP commissioner initiated the process to suspend New England Clean Energy Connect’s permit.
Posted inBusiness, Local & State
Transmission corridor in jeopardy after judge vacates lease of public land to CMP
The decision may imperil the planned $1 billion New England Clean Energy Connect project, intended to bring hydroelectric power from Quebec to Lewiston.