The supply cost hike is tied largely to wholesale natural gas prices that are on track to keep rising in 2026, in part because more gas will be shipped overseas.
CMP
Posted inBusiness, News
Mainers turn out at PUC hearing to condemn CMP’s 5-year plan to raise rates
Attendees at the meeting in Freeport say that the proposed increase to fund infrastructure improvements — roughly $35 a month by late 2030 — would hurt the state’s most vulnerable residents.
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Posted inLocal & State
Court rules Maine can’t enforce law prohibiting foreign spending on campaigns
The 1st U.S. Circuit Court of Appeals upheld a lower court’s decision to temporarily halt the state from enforcing the law, which voters approved in 2023.
Posted inBusiness, Local & State, News
Judge sides with federal agencies, won’t pull permits for NECEC
Environmental groups claimed the Army Corps of Engineers did not assess the controversial power line rigorously enough before determining it would have ‘no significant impact’ on the environment.
Posted inLocal & State
Lincoln County ‘bouncing forward’ a year after devastating January 2024 storms
After a year of coordinating with Midcoast residents, the Lincoln County Social Resilience Project released its final report, outlining key strategies for improving storm recovery and preparedness.
Posted inBusiness
Critics want regulatory review of CMP’s corporate takeover
Maine’s public advocate and environmentalists say a deal to take the utility’s parent company private would shield financial decisions from the public.
Posted inBusiness, Local & State
CMP bills to go up another $5 a month to subsidize solar projects
Maine regulators OK the hike, which follows a $10 jump approved last week, to cover a nearly 50% increase in what CMP pays to solar developers under a state law designed to reduce greenhouse gas emissions.
Posted inTimes Record
CMP’s removal of Bath osprey nest sparks outrage, utility plans to give birds a new home
A Bath osprey nest was removed before the April nor’easter, sparking outrage among some residents. Now, CMP announced that it plans to remedy the removal by installing a nesting platform.
Posted inBusiness, Local & State
Strong winds knock out power to thousands of CMP customers
The National Weather Service said winds gusted up to 50 mph on Friday, but that sunnier, drier weather is on the way over the weekend and into next week.
Posted inLocal & State, News
1,000 Mainers still without power, days after ice storm
In all, 203,809 CMP customers were left in the dark by storm outages.