Electric customers in Maine should expect to see an increase in their bills come January
The Maine Public Utilities Commission says an average Central Maine Power customer will pay 26% more on each bill beginning on January 1, 2023.That follows increases in"standard offer" rates a year earlier that were around 83% higher for residential CMP customers consuming average levels of power and around 88% higher for Versant customers.Sign up for NECN newsletters.
Like other New England states, Maine relies heavily on natural gas for electricity generation in the winter, and a worldwide volatility in its supply is driving price increases. "They’re really the connection point for various programs," Scully said of the utilities, adding that,"those programs have been beefed up somewhat this year, partly in anticipation of the rate increases."
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