Rate hike will bump up average Versant Power electric bill by $24 a month

PORTLAND PRESS HERALD • November 15, 2022

Customers of Versant Power will face sharply higher electricity supply rates in 2023 on top of big increases paid this year. The Maine Public Utilities Commission on Tuesday approved a new “standard offer” supply rate for residential and small-business customers of 16.44 cents per kilowatt-hour, an increase of 41% over the current rate of 11.68 cents.