MAINE PUBLIC UTILITIES COMMISSION APPROVES RECOVERY OF STRANDED COSTS FOR MAINE'S INVESTOR-OWNED ELECTRIC UTILITIES
June 14, 2023
June 14, 2023
HALLOWELL, Maine, June 14 -- The Maine Public Utilities Commission issued the following news release:
The Maine Public Utilities Commission (Commission) approved recovery of stranded costs for Maine's two Investor-owned Electric Utilities today. In two separate cases, the Commission approved new Stranded Cost rates for Central Maine Power Company (CMP) and Versant Power. Stranded costs include the impacts of long-term contracts for renewable power as well as the net energy billing p . . .
The Maine Public Utilities Commission (Commission) approved recovery of stranded costs for Maine's two Investor-owned Electric Utilities today. In two separate cases, the Commission approved new Stranded Cost rates for Central Maine Power Company (CMP) and Versant Power. Stranded costs include the impacts of long-term contracts for renewable power as well as the net energy billing p . . .