-
PublishedJuly 16, 2023
Rate-setting practice for ‘standard offer’ power supply is costing Mainers millions
The state is the only one in New England where customers are locked into 'standard offer' prices for 12 months.
-
PublishedJune 30, 2023
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.
-
PublishedJune 13, 2023
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.
-
PublishedJune 6, 2023
CMP rate hike approved by regulators, will increase home bills nearly $2 next month
Under a compromise approved Tuesday, typical Central Maine Power residential customers will see bills will rise 1% in July and then increase roughly $5 by the middle of 2025.
-
PublishedMay 1, 2023
CMP, public advocate in negotiations to settle rate hike request
A meeting is slated for Wednesday in confidential talks between Central Maine Power and the public advocate over a proposed increase that would take effect Sept. 1.
-
PublishedFebruary 1, 2023
Competitive power supply market isn’t working, report says
Allowing consumers to choose their electricity supply companies has failed to lower rates for home customers, according to recommendations given to the Legislature on Wednesday.
-
PublishedDecember 18, 2022
Have a heat pump? New electric rates could save you money
The new rates, which apply to the delivery portion of electricity bills, aren't for everyone. Scrutinizing when and how much power you use is key to potential savings.
-
PublishedNovember 16, 2022
Most CMP customers to see rise of nearly 50% in electricity supply rates
Utility regulators blame high natural gas prices on the continued surge in cost. The new rate will take effect in January.
-
PublishedOctober 30, 2022
As heating costs soar, Mainers worry about the price of warmth
Oil costs are at record highs, electricity rates are increasing and temperatures are dropping. The result could be a crisis for Maine residents this winter.
-
PublishedOctober 4, 2022
State to intervene in Versant Power rate hike request
Gov. Janet Mills orders her energy office to oppose the rate proposal, which seeks a 32% increase for Maine's second-largest electric utility.
Electricity rates
advertisement