Monday, December 5 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
Week of Oct 31
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    State to intervene in Versant Power rate hike request

    October 5, 2022 - Edward D. Murphy, Portland Press Herald, Maine


      Oct. 5—The Governor's Energy Office will formally oppose a rate increase being sought by Versant Power, Maine's second-largest electric utility company.

      Gov. Janet Mills on Tuesday told officials to intervene in the Maine Public Utilities Commission case, in which Versant — which provides electricity to 170,000 customers in northern and eastern Maine — is seeking a 32 percent increase in the rate it charges to distribute power. The increase would raise the average monthly bill for Versant residential customers by $13.

      Mills has criticized both the Versant rate increase and one being sought by Central Maine Power Co., which would raise that utility's average residential bill by $10 a month. The governor told her energy office in August to intervene in the CMP rate case.

      Both utilities said the increases are intended to cover the cost of upgrades to their equipment and to improve the energy distribution system in Maine.

      Intervening allows the governor's office to more directly participate in the PUC's upcoming consideration of the rate hikes.

      Mills said she opposes the rate hikes "because Maine people are already grappling with high electric bills and this request will only make matters worse."

      Mills said she understands the need to strengthen and improve the state's electric system, "but the timing must be balanced against costs now facing Maine people and businesses today."


      (c)2022 the Portland Press Herald (Portland, Maine)

      Visit the Portland Press Herald (Portland, Maine) at

      Distributed by Tribune Content Agency, LLC.


    Other Articles - Utility Business / General


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.