Utility regulators blame high natural gas prices on the continued surge in cost. The new rate will take effect in January.
maine public utilities commission
Posted inBusiness, Local & State, News
Rate hike will bump up average Versant Power electric bill by $24 a month
The standard-offer rate, the price customers pay for the supply of power, is rising 41% next year in northern and eastern Maine. A similar increase may be in store for Central Maine Power customers.
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Posted inBusiness, Local & State, News
Summit customers will see bills double as natural gas supply costs more
Tuesday’s PUC action is separate from another rate request under consideration and reflects high supply costs for natural gas providers in a volatile global market.
Posted inBusiness, Local & State, News
Summit Natural Gas request for higher rates has some Mainers fuming, questioning
A decade since the company came to the state, enthusiasm for the energy provider has been dampened by high costs and slow service expansion.
Posted inEditorials, Opinion
Our View: CMP rate debate needs to be as farsighted as possible
That the grid is in need of urgent repair and reinforcement is in no doubt. What’s not clear is how it should be financed.
Posted inBusiness, Local & State, News
Effects of climate change underlie CMP rate hike request
Everyone wants a stronger grid. But can beleaguered customers afford it now?
Posted inBusiness, Local & State
Maine approves $63 million CMP power line upgrade over residents’ objections
Hundreds opposed the upgrade as benefiting a planned land-based salmon farm to be built in Belfast by Nordic Aquafarms, but regulators noted ongoing problems with the aging line.
Posted inBusiness, Local & State
Maine’s single area code now expected to last until end of 2025
The latest projection of when 207 numbers will be exhausted is a year later than had been expected. The previous estimate was through 2024.
Posted inBusiness, Local & State
Average CMP bill to decrease almost 3% for home customers starting in July
State utility regulators estimate the average residential customer bill will decrease by $3.40 a month, or 2.7 percent of the total bill.
Posted inBusiness, Local & State
Request for offshore wind power contract raises Maine ratepayer concerns
The proposed contract’s likely impact on Maine electricity customers is being shielded from public view, for now.