Thousands of small businesses to receive credits on electric bills

MAINE PUBLIC • October 18, 2022

Nearly 3,000 small businesses in Maine will soon see sizable credits on their electricity bills as part of a one-time relief program approved by the Legislature earlier this year to soften the blow of rising electricity rates. The bill, L.D. 2010, established a three-tiered system that would offer one-time credits to businesses that are considered medium-sized electricity consumers by Central Maine Power and Versant. Working with lawmakers, the administration of Gov. Janet Mills then set aside $7 million that was earmarked for small business relief programs using federal funds received during the COVID-19 pandemic.