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Maine PUC Approves Interim Natural Gas Rate Increase to Address Under-Collection
April 03, 2025
HALLOWELL, Maine, April 3 -- The Maine Public Utilities Commission (PUC) has conditionally approved an interim adjustment to Maine Natural Gas Corporation's (MNG) Index Price Option (IPO) Gas Cost Reconciliation Mechanism, resulting in a rate increase of $0.1358 per therm, effective April 1, 2025. This decision aims to address a substantial under-collection of gas costs incurred by MNG.

The PUC's order stems from MNG's filing on March 14, 2025, which reported a signif . . .

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