In confidential documents, the power company and its partners offer incentives over 40 years if regulators approve the 145-mile project through western Maine.
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Posted inBusiness, Local & State
Regulators threaten CMP with sanctions for failing to fix customer service problems
In a scathing letter, the Public Utilities Commission said the power company has not met performance standards laid out last year.
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Posted inLocal & State, News
CMP plans to negotiate benefits with stakeholders
The company will meet Tuesday with stakeholders about securing more benefits for the state of Maine in exchange for a 145-mile transmission line from Quebec to Massachusetts.
Posted inBusiness, Local & State, Politics
Critics call for replacing CMP, Emera Maine with a ‘consumer-owned utility’
The bill, which will be considered by the Legislature, would use low-interest revenue bonds to buy the transmission and distribution assets of Maine’s two largest for-profit utilities.
Posted inBusiness, Local & State
Regulators consider extending window for CMP bill disputes
The Public Utilities Commission also is coming under fire for its handling of some complaints.
Posted inBusiness, Local & State
Maine regulators decide to open full investigation of CMP billing problems
The Public Utilities Commission’s legal process includes power to compel witnesses to testify, participation by stakeholders, technical conferences and public hearings.
Posted inBusiness, Local & State, News
Audit fails to quell anger over CMP bills
A third-party audit answered some questions, but many customers remain unsatisfied. Regulators will decide this week what to do next.
Posted inBusiness, Local & State, News
Data show Maine had most frequent, longest power outages
The state’s electricity customers went through an average of three service interruptions in 2017, lasting more than 40 hours on average.
Posted inBusiness, Local & State
Audit shows CMP billing and metering systems didn’t cause skyrocketing bills
However, Liberty Consulting Group concludes in the report to regulators that the company made the situation worse with a poor response to the thousands of complaints.
Posted inBusiness, Local & State
Maine electricity customers across the state can expect $6 monthly increase come Jan. 1
Reflecting regional trends, the supply side of home electricity bills will rise 14 percent, from 7.9 cents per kilowatt hour to a 10-year high of 9 cents.