CMP customers to see double-digit rate increase next month

PORTLAND PRESS HERALD • July 14, 2021

Maine regulators on Wednesday approved an increase in electricity delivery rates for both residential and commercial customers that will push monthly bills from Central Maine Power up by 11.5 percent, starting next month. The Maine Public Utilities Commission’s hands were tied on the largest portion of the rate hike: federally mandated tariff increases set by the Federal Energy Regulatory Commission to help pay for new high-voltage transmission lines and maintenance on existing lines in New England. But the PUC decided to spread out another part of the rate increase that will be used to pay for repair and restoration work caused by last year’s harsh storms.