Versant Power
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PublishedMarch 24, 2022
Maine regulators propose tougher performance standards for power utilities
The Maine Public Utilities Commission is considering a plan to add new standards through rulemaking that would be similar to those proposed in a pending bill being debated in the Legislature.
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PublishedMarch 21, 2022
Legislative committee splits 3 ways on utility accountability bill
Lawmakers will be under pressure to find some compromise on making power companies more accountable in Maine.
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PublishedFebruary 22, 2022
Gov. Mills’ plan to rein in power companies faces two-pronged opposition
Many opponents either said the bill is a cynical ploy to maintain the status quo, or government overreach to address problems that don't exist.
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PublishedFebruary 17, 2022
Regulators approve $90 electric bill credit for low-income Mainers
The one-time credit is expected to be applied automatically to about 90,000 customers' accounts by March 30.
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PublishedFebruary 9, 2022
Gov. Mills proposes electric bill credit for 90,000 low-income Mainers
The one-time, $90-per-customer credit, to be issued by the end of March, would help offset higher electricity rates.
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PublishedFebruary 1, 2022
Gov. Mills preparing utility accountability bill, with threat of consumer-owned option
The proposal could emerge as a competing alternative to the push for a statewide consumer-owned utility in Maine to replace CMP and Versant.
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PublishedJanuary 20, 2022
Commentary: Government control of Maine’s energy grid is not the answer
Advancing Maine’s clean-energy goals is best achieved through positive dialogue among stakeholders, not through a radical takeover effort.
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PublishedJanuary 18, 2022
Advocates of consumer-owned power utility running out of time for 2022 ballot
Organizers won't say yet, but there are signs that signature-gatherers won't meet Friday's deadline for the November ballot.
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PublishedDecember 19, 2021
Maine Voices: Public power would be a bad deal for Maine
A public takeover of the state's electric transmission and distribution system is riskier than its backers claim.
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PublishedNovember 17, 2021
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.
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