If approved, the average customer would pay about $120 more a year, starting next July.
electricity
Posted inBusiness, Uncategorized
Maine sees the future of power transmission, and it won’t always include big new lines
Big batteries and efficiency are chosen as an alternative to a new Brunswick-Topsham power line, thanks to a new law that pushes utilities to explore new ways to assure reliability.
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Posted inBusiness, Maine, News
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.
Posted inBusiness, Maine, New England, News
Rolling blackouts possible this winter, New England power grid warns
Rolling blackouts may hit New England if there’s an extended cold snap this winter
Posted inBusiness, Maine, News
PAC spending on CMP power line referendum hits $15.2 million in 2021
A ballot question in November will ask voters if they want to prohibit the project. Proponents and opponents of the power line have spent more than $42 million since 2019 to influence the vote.
Posted inBusiness, Maine, News, Politics
Dozens testify on both sides of bill to create consumer-owned utility in Maine
Under the controversial proposal, regulators would direct a buyout of Central Maine Power and Versant Power’s infrastructure to create a nonprofit utility serving roughly 800,000 customers.
Posted inBusiness, Maine
State regulator launches probe into future of Maine’s electric grid
The investigation comes after controversy over Central Maine Power’s estimated costs for connecting solar energy farms to the grid.
Posted inMaine
CMP says some customers will be in the dark until Wednesday
The utility says more than 80% of the 230,000 customers who lost electricity in the weekend storm had it back by Monday.
Posted inBusiness, Maine
Mills joins push for region’s electric grid operations to reflect state climate goals
Five New England governors are asking the region’s grid operator, ISO-New England, to speed its transition to renewable energy.
Posted inBusiness, Maine
Electricity Maine lawsuit approaches settlement, but state probe continues
The lawsuit mirrors allegations by the state’s public advocate, that the company used deceptive marketing practices to attract residential customers.