CMP customers’ electricity supply rates to fall for second year in a row

PORTLAND PRESS HERALD • November 18, 2020

Central Maine Power customers will see their electricity costs go down for the second consecutive year in 2021. The Maine Public Utilities Commission announced Wednesday the results of its competitive bid process for setting next year’s “standard offer” supply prices, which will result in a nearly 12 percent drop on the supply portion of bills for residential and small business customers, to 6.45 cents per kilowatt hour. In a separate matter, Central Maine Power came in last place for the third year in a row in a national survey of business customers by J.D. Power & Associates.