State utility regulators order investigation into CMP’s management

PORTLAND PRESS HERALD • February 17, 2022

The Maine Public Utilities Commission decided Thursday to open a full investigation into how a demand for profits by Central Maine Power’s parent company Avangrid may have affected operations and investment in Maine. But the PUC also decided to lift an ongoing financial penalty imposed on CMP two years ago, citing the company’s recent customer service improvements. The earnings cap cost CMP roughly $12.5 million.