Maine Residents Expected to See Their Electric Rates Rise in the Coming Months

South Africa News News

Maine Residents Expected to See Their Electric Rates Rise in the Coming Months
South Africa Latest News,South Africa Headlines
  • 📰 NECN
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 71%

Residents of Maine could see their electric bills increase in the near future. The state Public Utilities Commission has approved a rate increase for Versant Power customers. They will see roughly an 8% increase in their monthly bills. The first 4% will hit in July, and the rest in January. Versant said it plans to use the extra funds for…

The state Public Utilities Commission has approved a rate increase for Versant Power customers. They will see roughly an 8% increase in their monthly bills. The first 4% will hit in July, and the rest in January.

Versant said it plans to use the extra funds for needed capital projects. The company's service territory spans over 10,000 square miles in five counties in central and northern Maine. Meanwhile, Central Maine Power, the state's largest electric provider, also told state regulators it plans to increase its rates in the coming months. The company serves more than 650,000 electric customers in central and southern Maine.The company said it needs to update aging infrastructure, including automating more of its grid, allowing workers to restore power with the flip of a switch instead of always having to send out crews.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NECN /  🏆 20. in UK

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Teen Struck by Tractor-Trailer While Getting Off School Bus in MaineTeen Struck by Tractor-Trailer While Getting Off School Bus in MaineA teenager was transported to a hospital after being struck by a tractor-trailer while getting off a school bus in Gray, Maine on Tuesday. According to reports from News Center Maine, the student was crossing in front of the bus when they were struck. They found the 13-year-old semi-conscious and was taken to Maine Medical Center with “substantial injuries”, according…
Read more »

South Boston Manhole Explosion Leaves Residents Without PowerSouth Boston Manhole Explosion Leaves Residents Without PowerA manhole explosion Wednesday night in South Boston led to power outages in the area. The incident happened shortly before 9 p.m. near the intersection of Dorchester Avenue and Father Songin Way. No injuries have been reported. About 200 customers near the scene of the explosion were without power late Wednesday night. Eversource says it is working to get the…
Read more »

Lorry incident was 'accident waiting to happen', say residentsLorry incident was 'accident waiting to happen', say residentsThe lorry blocked a road in Woodthorpe for more than six hours
Read more »

Residents told to 'stay indoors' after blaze at factory in GlasgowResidents told to 'stay indoors' after blaze at factory in GlasgowThe inferno broke out within the former Promat factory on Petershill Road, Springburn at roughly 8.20pm yesterday.
Read more »

Man 'chased down street' before he's stabbed to death as residents left in shockMan 'chased down street' before he's stabbed to death as residents left in shockShock and sadness as 'quiet' neighbourhood rocked by murder of 21-year-old
Read more »

Tragedy as young man stabbed to death as residents left in shockTragedy as young man stabbed to death as residents left in shockPolice were called to Kings Road in Old Trafford at around 7:45pm on Wednesday evening (May 31) to reports of a disturbance. They later confirmed a murder investigation had been launched after a young man was pronounced dead at the scene
Read more »



Render Time: 2025-03-09 17:51:09