Climate change impacts underlie CMP rate hike request

MAINE SUNDAY TELEGRAM • September 18, 2022

The fingerprints of climate change and how to respond to its impacts are scattered among the hundreds of pages of initial testimony filed with state regulators in early August by Central Maine Power, which is seeking a three-year rate hike. Again and again, a theme emerges. Dealing with stronger and more frequent storms and complying with policies aimed at moving away from fossil fuels for transportation and buildings will require unprecedented investment to transform the electric distribution grid. CMP proposes to accelerate that process by spending $570 million between 2023 and 2025 on a plan it has dubbed Powering Maine.