Though state officials say Mainers are already struggling to pay their electric bills, the utility says the distribution rate increases for hiring and resiliency upgrades would occur as some temporary charges expire, mitigating the cost to customers.
electricity
Posted inBusiness, News
Offshore wind could have saved New England ratepayers millions last winter
A recent report found that projects off Massachusetts and Rhode Island could have driven down wholesale electricity costs throughout the region if they had not been delayed.
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Posted inBusiness, Local & State, New England
Maine’s electricity prices grew at third fastest rate in US, analysis shows
Securing cheaper, cleaner power has become harder than anticipated.
Posted inBusiness, Local & State, News
Starting in April, utilities can cut off power to Mainers with unpaid bills
State law prohibits Central Maine Power Co. and Versant Power from pulling the plug on delinquent customers from Nov. 15 to April 15. Consumer advocates and utilities are urging people to reach out.
Posted inBusiness, Local & State, News
In a first, New England governors push transmission boost to bring wind, hydropower through Maine
The region’s electric grid operator will oversee a more than $1 billion transmission upgrade along the Maine-New Hampshire line.
Posted inBusiness, Local & State, News
Maine energy prices, already costly, expected to rise as Trump tariffs take effect
The impact on heating oil and gasoline is expected to be felt as soon as this week, though how electricity imported from Canada will be affected is less clear.
Posted inNation & World, News
Cuba left reeling after Category 3 hurricane ravages island and knocks out power grid
Some 50,000 people took shelter in Havana, with thousands more doing the same in regions south and just west of the capital.
Posted inBusiness, Local & State, News
Electricity Maine ordered to refund $6 million to customers
State regulators also imposed a $315,000 penalty against the Houston company for overbilling and temporarily capped how much it can charge customers.
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
Manufacturers push back against rising electricity bills tied to renewable power incentives
One business said it may be forced to close because its power bills have jumped by thousands of dollars.