Maine Public Utilities Commission approves rate increase
BANGOR, Maine (WABI) - Versant Power and Central Maine Power customers will see another increase to their bills starting July 1 on top of previously announced rate hikes.
The Maine Public Utilities Commission this week approved a rate increase to recover stranded costs.
The PUC says those costs include the impacts of long-term contracts for renewable power and net energy billing programs.
CMP customers will see an increase of about $6 a month on average.
Versant Customers in the Bangor Hydro District are expected to see an increase of around $9 and customers in the public district will see an increase of around $5.50.
This will be an additonal hike to electric bills on top of previously announced increases in the distribution and standard offer supply rates.
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