Versant Power
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PublishedMay 22, 2023
Versant Power rate deal would hike bills $5 a month for home customers
The settlement agreement, which must be approved by the Public Utilities Commission, would increase the monthly bill for the typical residential customer by 4%.
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PublishedMay 4, 2023
Mainers will decide whether to replace CMP, Versant with a nonprofit utility
After a 2-hour public hearing on Thursday, a legislative committee sent the referendum question to voters in November.
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PublishedMay 1, 2023
CMP, public advocate in negotiations to settle rate hike request
A meeting is slated for Wednesday in confidential talks between Central Maine Power and the public advocate over a proposed increase that would take effect Sept. 1.
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PublishedApril 14, 2023
Soured on solar? Costs, technical delays dampen outlook in Maine
Community solar farms, which sprouted after a 2019 law went into effect, now face challenges including higher costs for Mainers and glitches in hooking up to the grid.
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PublishedMarch 31, 2023
Secretary of state OK’s wording for ballot question that could block public utility
If successful, voter approval would be required for a consumer-owned utility, such as one being proposed on the same November ballot, to take on more than $1 billion in debt.
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PublishedMarch 7, 2023
Judge rejects attempt to throw out ballot proposal that could thwart CMP, Versant takeover
The ruling means that voters in November will likely see both a proposal to create a consumer-owned electric utility and a debt-limit measure meant to cripple the effort.
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PublishedFebruary 8, 2023
Consumer-owned utility supporter seeks to stop Maine vote on public debt
A lawsuit asks a judge to reverse the secretary of state’s certification of petitions allowing the debt referendum to appear on the November ballot alongside one to create a new utility.
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PublishedFebruary 1, 2023
Competitive power supply market isn’t working, report says
Allowing consumers to choose their electricity supply companies has failed to lower rates for home customers, according to recommendations given to the Legislature on Wednesday.
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PublishedJanuary 31, 2023
Northern Maine wind power project wins PUC approval
Maine utilities would buy 60% of the output from the planned wind farm, which would be the largest east of the Mississippi, while Massachusetts would pay 40% of the project costs.
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PublishedJanuary 29, 2023
Storm surge: To get lights back on, Maine pays a premium for crews from away
Weather is creating more disruption to electricity service, and the state’s utilities – and ratepayers – are racking up larger bills for the extra help that’s needed as a result.
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