Gov. Janet Mills orders her energy office to oppose the rate proposal, which seeks a 32% increase for Maine’s second-largest electric utility.
Versant Power
Posted inBusiness, Local & State, New England, News
Versant Power seeks electricity rate hike
If approved, the average customer would pay about $120 more a year, starting next July.
advertisement
Posted inBusiness, Local & State
Average CMP bill to decrease almost 3% for home customers starting in July
State utility regulators estimate the average residential customer bill will decrease by $3.40 a month, or 2.7 percent of the total bill.
Posted inBusiness, Local & State
As energy prices rise, thousands of Mainers at risk of losing power
More than 2,000 Maine households have been disconnected over the past month, and tens of thousands more are struggling with past-due balances.
Posted inOp-eds, Opinion
Commentary: Seizing Maine’s utilities won’t get us closer to clean-energy future
Our enemies are rising prices and rising global temperatures – not CMP and Versant.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: For-profit utilities still hold the keys to our climate transition
Despite modest steps, CMP and Versant will still make progress difficult and costly.
Posted inBusiness, Local & State
Mainers likely to endure high electric rates into 2023
The reactions of global energy markets to Russia’s war in Ukraine are expected to keep electric rates up in Maine next year.
Posted inBusiness, Local & State
Consumer advocates push for strict standards in proposed Maine utility rating system
The Maine Public Utilities Commission is weighing a system of regular report cards and possible penalties for power utilities in the state.
Posted inBusiness, Local & State
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.
Posted inBusiness, Local & State
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.