Maine regulators on Wednesday approved increases to the standard offer for Central Maine Power and Versant Power, which makes up a solid chunk of customers’ monthly bills.
Versant Power
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What does your Versant bill pay for?
As electricity rates continue to climb, here’s where the money ends up.
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High winds knock out power to thousands across Maine
Central Maine Power reported about 15,000 customers without power early Tuesday evening, after over 28,000 were without power at one time during the day.
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Versant taps Canadian utility executive as new president
Erica Young will begin leading Maine’s second-largest electricity provider next year.
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Federal data suggests Maine had the highest electricity hike last year. The picture is not so clear.
A report that residential prices rose in Maine by more than a third raised some alarms, but state officials say the true cost to ratepayers is much lower.
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Versant Power customers will see another rate increase next month
Maine’s second-largest electric utility serves about 165,000 customers in northern and eastern Maine.
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CMP electricity bills to increase in July
Customers of the state’s largest electric utility will see monthly bills go up by about $5.
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Power outages impact thousands on a windy Easter Sunday
Gusts reached 50 mph in some areas, and the majority of outages occurred in Aroostook, Penobscot and Somerset counties.
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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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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.