BOWDOINHAM — The Maine Public Utilities Commission is calling for an audit of Central Maine Power Company’s smart meter program after revelations the program — predicted to save CMP $25 million — has produced a net cost of $80 million.
Ed Friedman, an activist who has pursued legal claims against the utility with regard to smart meters, said the PUC claims projected savings was in large part why they approved the project. Auditors will be chosen by the PUC and paid for by CMP ratepayers with audit completion projected for next summer, Friedman said.
CMP has recently submitted a request for rate hike equivalent to about 8.2 percvent per year for the next five years.
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