An analysis by the state’s public advocate presents information, but few conclusions, about November’s utility referendum.
Versant Power
Posted inBusiness, Local & State, News
Sierra Club endorses Maine publicly owned utility ballot question
Voters will decide on Nov. 7 whether the state’s power distribution system will be maintained by investor-owned utilities or a state-led nonprofit.
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Posted inOp-Eds, Opinion
The Maine Millennial: Pine Tree Power will be a change for the better
Notice that opponents attack the referendum proposal instead of defending CMP.
Posted inBusiness, Local & State, News, Politics
Millions of dollars in foreign campaign funds pour into Maine as lawmakers push to ban them
Lawmakers say they will try to override Gov. Janet Mills’ veto of the foreign spending ban, but it won’t prevent foreign-owned companies from pouring money into Maine politics this fall.
Posted inBusiness, Local & State, News
Here’s why electricity bills in Maine are getting more expensive this month
The Maine Public Utilities Commission explained some of the reasons for multiple rate changes that are beginning to impact customer bills.
Posted inBusiness, Local & State, News
Amid rising electric bills, a decrease in the cost of supply will soften the blow for many
The ‘standard offer’ that many Mainers pay for the supply of their electricity will decrease starting July 15, after the Maine Public Utilities Commission adjusted the rate. Overall electric bills will still rise, but not as much.
Posted inBusiness, Local & State, New England, News
Maine power companies are spending millions to defeat a vote to dethrone them
This fall, Mainers could cut ties with their utilities. The companies are buying influence to try to stay in power.
Posted inBusiness, Local & State, News
Rate hike approvals add to rising bills for CMP, Versant customers
The PUC approved an increase tied to renewable energy policies that will combine with a previous rate hike to raise an average CMP customer’s bill by more than $10 a month beginning July 1.
Posted inBusiness, Local & State, News
CMP customers may see home electricity bills increase nearly $2 next month
Under a plan that must still be reviewed by the Public Utilities Commission, Central Maine Power’s rates for distributing electricity would be stepped up over 3 years.
Posted inBusiness, Local & State, News
Versant Power rate deal would hike bills $5 a month for home customers
The settlement agreement, which must be approved by the Public Utilities Commission, would increase the monthly bill for the typical residential customer by 4%.