Maine electricity bills increased again this month

PORTLAND PRESS HERALD • January 6, 2025

Central Maine Power Co. customers began paying 7% more in their monthly bills Jan. 1 to help fund $3.3 billion of upgrades to transmission lines, poles and other equipment in New England. Versant Power ratepayers can also expect increases, though smaller, later this year. Federal regulators are apportioning about $280 million of the region’s costs to Maine’s two major utilities, with the remainder assigned to utilities in Connecticut, Massachusetts, New Hampshire, Rhode Island and Vermont. The costs are divided based on load, or how much electricity each service area uses. New England’s transmission is a nearly 9,000-mile system.