BANGOR DAILY NEWS • June 13, 2023
Maine regulators approved another big hike to electricity bills Tuesday for customers of the state’s major utilities, driven by solar subsidies that have been criticized by the state’s ratepayer advocate in recent weeks. The Maine Public Utilities Commission said the $135.7 million in new increases it approved from July 1 through mid-2024 cover so-called stranded costs, which are the impacts of long-term contracts for renewable power and net energy billing programs on Central Maine Power and Versant Power.