The sharp increase likely foreshadows a similar change in the supply rate for Central Maine Power customers in 2022, to be determined Wednesday.
maine public utilities commission
Posted inBusiness, Local & State
Mainers face double-digit shock in 2022 electricity supply rates
Experts say the expected increase is primarily a result of rising prices for natural gas. Maine’s solar policies also could increase rates in the coming years.
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Posted inBusiness, Local & State, News
Documents reveal spending, legal strategy for embattled power line project
Avangrid Corp. has spent $350 million on the $1 billion New England Clean Energy Connect project and has developed contingency plans for its legal challenges.
Posted inBusiness, Local & State
Maine utility regulators order preliminary probe of CMP management structure
The Public Utilities Commission has asked Central Maine Power to produce a ‘performance plan’ that outlines how the utility will maintain progress on recent improvements and address concerns raised by a recent audit.
Posted inBusiness, Local & State
CMP touts customer service fixes in bid to lift state-imposed earnings penalty
Central Maine Power says it has met or exceeded state-imposed customer service benchmarks and paid a record penalty of $10 million in revenue over 18 months.
Posted inBusiness, Local & State
CMP can defer, recover costs from 2020 storms, regulators decide
The Maine Public Utilities Commission rules that CMP spent more than $34 million prudently to restore service after 2 nor’easters.
Posted inBusiness, Local & State
Frustrated by CMP’s delays, solar industry asks PUC to oversee reviews for grid connections
The complaint to regulators is just the latest conflict between solar developers and Maine’s largest electric utility, which says it is working diligently to complete the work.
Posted inBusiness, Local & State
State regulators launch probe of number shortage in 207 area code
The probe will focus specifically on the number-forecasting practices of telecommunications provider Verizon because it is predicting a faster exhaustion of phone numbers than the state.
Posted inOp-Eds, Opinion
Commentary: Legislative session delivers big victories for Maine’s environment
Bipartisan policymaking resulted in laws to conserve land, promote clean energy, address climate change, protect clean water and reduce pollution.
Posted inBusiness, Local & State, News, Politics
House upholds Mills’ veto of bill to create consumer-owned utility
Supporters of the effort to force CMP and Versant to sell their assets to a consumer-owned utility have pledged to work to send the issue directly to voters next year.