CMP
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PublishedMarch 14, 2024
Maine regulators might let utilities report surges in power use as way to identify illegal cannabis grows
Versant Power, which calls illegal marijuana operations an 'escalating problem,' proposed the change to allow it, CMP and other utilities to disclose confidential customer information to law enforcement when there is 'good faith belief' of a crime.
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PublishedMarch 8, 2024
Spanish energy giant Iberdrola offers to buy rest of CMP parent company for $2.5 billion
It's unclear what, if any, impact the deal would have on the customers of Central Maine Power Co., the state's largest electric utility.
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PublishedMarch 1, 2024
Central Maine Power asks regulators for $162 million reimbursement for storm repairs
If approved by regulators, electricity rates will go up for more than 635,000 CMP customers.
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PublishedFebruary 29, 2024
Power restored to most electric customers in Maine after gusty winds had caused 11,000 outages
Winds gusted to 50 mph in southern and central Maine on Thursday.
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PublishedFebruary 27, 2024
Lawmakers consider authorizing regulators to set electric rates based on performance
The Maine Public Utilities Commission would use metrics gauging the service provided by Central Maine Power and Versant Power when considering a rate increase.
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PublishedDecember 18, 2023
Storm kills 2, knocks out power to more than 400,000 in Maine
CMP says some customers could be without power for days because repair crews can't go up in buckets until wind speeds drop below 30 mph, which isn't expected to until Tuesday.
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PublishedDecember 13, 2023
Another rate cut will further reduce electricity costs for CMP customers in 2024
A complicated formula drafted by federal and New England energy officials is behind the second announcement in as many weeks of an electricity rate cut.
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PublishedDecember 5, 2023
CMP, Maine’s public advocate dispute cost of power restoration following 2022 storms
Maine's Public Advocate accuses Central Maine Power of hiring too many storm repair crews, inflating costs. The utility questions its critic's cost calculations and says electricity was restored quickly.
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PublishedOctober 29, 2023
Some relief expected for Maine electricity customers come January
Analysts expect a 20%-30% drop in supply rates, but there’s still plenty of uncertainty with the Public Utilities Commission set to select bids next month for 2024 standard offer service.
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PublishedSeptember 14, 2023
Portland chamber slams public power proposal as activists demonstrate
About 2 dozen protestors gathered outside Hannaford Hall on Thursday, where the Portland area chamber held a breakfast forum taking aim at Pine Tree Power.
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