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Maine Regulators Consolidate Utility Customer Classes for Stranded Costs
June 12, 2025
WASHINGTON, June 12 -- The Maine Public Utilities Commission has approved a proposal by Versant Power, Bangor, Maine, to combine specific large customer classes from its Bangor Hydro District and Maine Public District. This consolidation aims to standardize the recovery of post-restructuring stranded costs for these customers, a move adopted in an order on June 11, 2025, titled "Follow-On Proceeding to Further Investigate Stranded Cost Rate Design".

The decision follows an . . .

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