Electric rates
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PublishedMay 31, 2023
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.
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PublishedMay 15, 2023
CMP rate hike hearings now on hold pending settlement talks
A compromise in a proposed rate hike for Central Maine Power may be reached without an evidentiary hearing or a high-stakes ruling by the Public Utilities Commission.
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PublishedDecember 20, 2022
PUC rejects proposed $75 power bill credit for low-income Mainers
The Maine Public Utilities Commission said the credit would have shifted costs to other struggling electricity customers.
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PublishedNovember 15, 2022
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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PublishedOctober 18, 2022
Maine small businesses will get help with spiking electricity bills
A state program will provide credits of more than $2,000 to hundreds of businesses to provide relief from high electric rates.
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PublishedOctober 16, 2022
Pricey, imported natural gas will drive Maine’s electricity habit this winter
While the U.S. exports natural gas at record levels, New England will have to import it, in liquid form. That dependence could cost a typical Maine household an extra $22 a month in electricity.
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PublishedOctober 16, 2022
Rate hike 2.0: Electricity supply costs due to rise again next year
New England's natural gas crunch and Russia's war are pushing electric rates higher.