Maine PUC: Central Maine Power to Refund $3.5 Million to Large Class Standard Offer Customers
February 20, 2025
February 20, 2025
AUGUSTA, Maine, Feb. 20 -- Central Maine Power (CMP) has received approval from the Maine Public Utilities Commission (PUC) to refund $3.5 million to its large class standard offer customers. The refund comes from an overcollection in the large class standard offer retainage account, which totaled $7,046,114 as of September 30, 2024. This surplus has accumulated primarily due to differences between estimated and actual energy and capacity costs used in setting the large class standard offer pric . . .