After an agreement fell through with developer LS Power last year, state regulators are seeking new proposals to connect wind energy generated in Aroostook County to the New England grid.
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Posted inBusiness, Local & State, Nation & World
CMP dispatches line crews to help restore power in Virginia, North Carolina
The Augusta-based utility sent line workers and damage assessment teams to areas hard hit by Hurricane Helene.
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Posted inBusiness, Local & State, News
Regulators allow $2.5 billion corporate takeover of CMP to proceed without review
The PUC agrees to waive state review of the deal in which Spanish energy giant Iberdrola will acquire the remaining shares in Central Maine Power’s parent company, Avangrid.
Posted inBusiness, Local & State, News
Maine utilities will be banned from spending ratepayer money on lobbying, advertising
Years after utilities paid millions of dollars to influence voters about a power line through western Maine, regulators are drafting rules about the kind of ‘educational’ or lobbying activities they can charge to ratepayers.
Posted inBusiness, Local & State
Mainers may see more savings from using electricity during off hours
Regulators say expanding time-of-use rates to the supply side of electric bills could cut costs and take pressure off the grid. Currently, customers can only save on delivery costs when they use electricity early in the morning or late at night.
Posted inBusiness, Local & State, News
CMP moves one step closer to avoiding regulatory review of Iberdrola takeover
A report by utilities regulators says an exemption to the state law requiring the review is warranted based on previous approval of a ‘corporate structure’ and dozens of conditions that remain in effect.
Posted inLocal & State, News
Person allegedly steals forklift, knocks out power for 6,700 Lewiston-Auburn residents
Central Maine Power was able to reroute power and restore service for most affected customers within 10 minutes. Police are investigating the incident.
Posted inLocal & State
Storms, ospreys cause 6,000 CMP power outages Sunday
A nesting osprey caused a large outage in Knox County, while other parts of the state lost power because of storms.
Posted inBusiness, Local & State
Maine regulators direct utilities to make power grid more resilient against storms
The utilities also are directed to apply cost-saving technology to help manage peak demand.
Posted inBusiness, Local & State, News
Spanish energy giant Iberdrola seeks full control of CMP parent
Maine regulators are reviewing the deal in which Avangrid would become a privately held company and assessing how relieving it of federal public reporting requirements would impact ratepayers.