Maine Public Utilities Commisison
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PublishedApril 8, 2025
Maine regulators investigating Versant Power’s management practices
The Public Utilities Commission says that Versant has regularly increased rates without improving service and questioned whether its Canadian parent company is providing sufficient oversight.
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PublishedNovember 12, 2024
CMP costs for ‘service agreements’ with other utilities under scrutiny
Tens of millions of dollars could be at stake for customers as the state Public Advocate looks into expenses split among 7 Avangrid subsidiaries.
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PublishedSeptember 17, 2024
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.