Regulators say expanding time-of-use rates to the supply side of electric bills could cut costs and take pressure off the grid. Currently, customers can only save on delivery costs when they use electricity early in the morning or late at night.
Versant Power
Posted inBusiness, Local & State, News
Maine regulators reject proposal to let utilities report suspected illegal cannabis operations to police
The Public Utilities Commission said customers’ privacy would be violated if utilities had authority to report significant electricity use to law enforcement.
advertisement
Posted inBusiness, Local & State
Maine regulators direct utilities to make power grid more resilient against storms
The utilities also are directed to apply cost-saving technology to help manage peak demand.
Posted inBusiness, Local & State, News
Maine to study whether creating local electric grid operator could cut costs, improve reliability
The first-in-the-nation proposal could shift control over some aspects of Maine’s power system from the nonprofit that oversees transmission lines and power plants across New England.
Posted inBusiness, Local & State, News
CMP electricity rates are going up. Here’s what’s driving it.
The costs of restoring power after storms and funding state renewable energy policies are the biggest factors increasing Central Maine Power Co. bills.
Posted inBusiness
Maine regulators order audit of Versant Power after multiple rate increases
State utility regulators did not give reasons why they ordered an audit of Maine’s second-largest utility, but it acted after rate increases this year and in 2023 and a request for another in 2025.
Posted inLocal & State, News
1,000 Mainers still without power, days after ice storm
In all, 203,809 CMP customers were left in the dark by storm outages.
Posted inBusiness, Local & State
Maine regulators might let utilities report surges in power use as way to identify illegal cannabis grows
Versant Power, which calls illegal marijuana operations an ‘escalating problem,’ proposed the change to allow it, CMP and other utilities to disclose confidential customer information to law enforcement when there is ‘good faith belief’ of a crime.
Posted inBusiness, Local & State, News
Lawmakers consider authorizing regulators to set electric rates based on performance
The Maine Public Utilities Commission would use metrics gauging the service provided by Central Maine Power and Versant Power when considering a rate increase.
Posted inBusiness, Local & State, News
As Mainers use more electricity, plans for a new grid ramp up
More heat pumps in homes and businesses and electric vehicles on the road are pushing Maine to figure out how to handle increased electricity demands.