New electricity delivery rates promise to save money for Mainers who read the fine print

MAINE SUNDAY TELEGRAM • December 18, 2022

Starting next month and ramping up later in 2023, many Maine electric customers will be able to pick from a range of new options for what they pay for delivery rates. These new rates create incentives to use heat pumps, buy electric vehicles or install storage batteries, rewarding you for running and charging these devices with special rates that are less expensive than the common delivery rates. Change is coming because Maine is about to enter a new era of electric rate design, the framework that utilities use to set prices for their services. It’s being driven by recent laws aimed at fighting climate change.