The Public Utilities Commission will try to determine whether the capital expenditure costs alleged in the lawsuit are being recovered in CMP’s electricity rates.
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Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Learning the right lessons from CMP’s corridor debacle
Fair compensation, public involvement and wise site selection are among what clean-energy projects need to succeed.
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Posted inBusiness, Local & State, News
Small Pennsylvania company behind serious accusations against CMP parent
Security Limits CEO Paulo Silva says he consulted for Avangrid and helped it implement his cybersecurity system designed to protect industrial infrastructure from attacks.
Posted inBusiness, Local & State, News
Regulators watch lawsuits between CMP’s parent company and contractor that accused it of fraud
A contractor’s federal lawsuit accuses Avangrid of price-fixing and overpaying for products, while the energy company has accused the contractor of attempted extortion.
Posted inBusiness, Local & State
Lawsuit accuses CMP parent Avangrid of racketeering, fraud
The plaintiff, a former subcontractor, alleges Avangrid bought unnecessary equipment knowing it could recover the costs through higher electricity rates for customers in Maine and elsewhere.
Posted inEditorials, Opinion
Our View: Maine won’t wait long for answers on clean energy, transmission lines
A proposal to connect Aroostook County to the New England grid is a follow-up of sorts to the CMP corridor.
Posted inBusiness, Local & State
CMP announces leadership changes it says will improve reliability
Central Maine Power Co. said it is focused on making changes recommended in a recent management audit of the utility.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: CMP’s woes not the only driver in clean-energy project’s defeat
Three of America’s top 12 worst carbon polluters developed a playbook to crush other proposals to meet the existential challenge of our time: climate change.
Posted inBusiness, Local & State
Costly electricity supply will add $30 to average home’s monthly CMP bill in 2022
Customers face a jolt in electricity supply costs, raising questions of whether Maine’s policy of updating supply rates annually exposes them to greater volatility.
Posted inBusiness, Local & State
Rate increase will raise average Versant Power bills by $30 a month next year
The sharp increase likely foreshadows a similar change in the supply rate for Central Maine Power customers in 2022, to be determined Wednesday.