The electric utility, which serves northern and eastern Maine, was purchased in March by Enmax Corp., a western Canadian utility.
emera maine
Posted inLocal & State
Spring storm leaves nearly 11,000 without power in Maine
Electric utility crews are scrambling to make repairs between periods of high winds.
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Posted inBusiness, Local & State, News
State regulators approve sale of Emera Maine
The Maine Public Utilities Commission OK selling the dominant electric utility in eastern and northern Maine to a Canadian company.
Posted inBusiness, Local & State
Regulators shoot down plan by Canadian company to buy Emera Maine
A Maine regulatory commission has rejected a proposal from a Canadian company to buy one of the most important utilities in the state
Posted inBusiness, Local & State, News, Politics
Bill to create consumer-owned electric utility meets Republican resistance
Republicans on the Legislature’s energy committee show no support for the Democratic bill to create a consumer-owned power authority to buy the assets of Maine’s two private electric utility companies.
Posted inBusiness, Local & State
Canadian company buying Emera Maine for $959 million
The sale remains subject to regulatory approvals at the state and federal levels.
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
CMP-area customers to learn 2019 electricity price Monday
The standard offer is the price set by the supplier for about 80 percent of customers.
Posted inBusiness, Local & State
Default electricity rates in northern, eastern Maine to spike nearly 16%
Regulators approved a new standard offer that increases the residential rate from 7.22 cents per kilowatt-hour to 8.37 cents for people who don’t choose their own power supplier.
Posted inBusiness, Local & State, News
Only four customers still without power in Maine after weekend windstorm
CMP had no outages as of late Monday night, while Emera Maine reported four on Deer Isle, two days after the storm left about 80,000 homes and businesses in the dark statewide.