PORTLAND PRESS HERALD • June 16, 2025
Central Maine Power Co. customers will see their monthly bills go up. The company will increase its distribution rates by about 3.3% for customers who take the default, standard offer electricity rate, according to the Maine Public Utilities Commission, which approved the increase last week. Customers who source their electricity from a competitive provider will see a roughly 5.3% increase in distribution side of their bill. Commission Chair Philip L. Bartlett II said the increase was driven primarily by heightened storm recovery costs. The change will raise CMP’s distribution revenue by nearly $71 million. The company’s latest rate hike comes after rates rose about 7.3% in January. For customers of Versant Power, the state’s second largest electric utilitly, rates increased in April by roughly 8%.