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PublishedDecember 21, 2023
Regulators kill deal for wind power line from northern Maine to New England grid
In another setback for a slow-moving project, Maine Public Utilities Commission members said the developer, LS Power, reported it could no longer hold to an agreed-upon price for the project. The PUC soon will accept new bids.
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PublishedDecember 1, 2023
Low-income households are getting ‘woefully inadequate’ help with utility bills, public advocate says
A report from the Electric Ratepayer Advisory Council suggests Maine needs $126 million a year in assistance. That's five times more than what's currently available.
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PublishedNovember 24, 2023
Developers of Maine wind transmission line stymied by pace of negotiations with regulators
New York-based LS Power wants to build up to 160 miles of transmission line across northern and central Maine, but differences over terms of the service and power purchase agreement have emerged, as has some community opposition.
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PublishedOctober 29, 2023
Some relief expected for Maine electricity customers come January
Analysts expect a 20%-30% drop in supply rates, but there’s still plenty of uncertainty with the Public Utilities Commission set to select bids next month for 2024 standard offer service.
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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.
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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.
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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 22, 2023
Versant Power rate deal would hike bills $5 a month for home customers
The settlement agreement, which must be approved by the Public Utilities Commission, would increase the monthly bill for the typical residential customer by 4%.
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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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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.
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