It would take years to establish the new rates, Maine’s top utility regulator told the Legislature’s Energy, Utilities and Technology Committee.
maine public utilities commission
Posted inBusiness, Local & State, News
Maine approves rules to restrict utilities’ lobbying, prevent costs from being passed to customers
The new regulations are based on a 2023 law requiring greater transparency by utilities, spurred by multimillion-dollar campaigns both in favor of and against a power line project that was on voters’ ballots.
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Posted inBusiness, Local & State, News
CMP spent $24.5 million on storm cleanups in Maine in 2024
The impact on rates from the storms — which knocked out power to hundreds of thousands of customers in October, November and December — is not yet known.
Posted inBusiness, News
Spanish energy giant purchases CMP parent company for $2.5B
Maine regulators allowed Iberdrola’s acquisition of Avangrid to advance without state review, brushing aside objections from the state public advocate and environmentalists.
Posted inBusiness, Local & State, News
Maine regulators back plan to preserve the 207 area code ‘perhaps indefinitely’
‘We can potentially extend the 207 area code well into the future, perhaps indefinitely,’ PUC Chair Philip Bartlett said.
Posted inBusiness, News
CMP customers will pay slightly less for electricity next year. It might not last.
Natural gas prices that play a big role in electricity generation in New England have settled, giving ratepayers a modest break in their monthly bills.
Posted inBusiness, Local & State, News
Electricity Maine ordered to refund $6 million to customers
State regulators also imposed a $315,000 penalty against the Houston company for overbilling and temporarily capped how much it can charge customers.
Posted inBusiness, Local & State, News
Lifespan of Maine’s 207 area code extended again
The area code that serves the entire state is now expected to expire in the summer of 2036.
Posted inBusiness, News
Feds back CMP bid to build transmission line through Maine
After an agreement fell through with developer LS Power last year, state regulators are seeking new proposals to connect wind energy generated in Aroostook County to the New England grid.
Posted inBusiness, Local & State, News
Manufacturers push back against rising electricity bills tied to renewable power incentives
One business said it may be forced to close because its power bills have jumped by thousands of dollars.