Maine’s Standard Offer Electric Rates to Decline by up to 23 Percent Next Year, Reflecting Wholesale Market Prices
The Maine Public Utilities Commission established new standard offer electricity prices that will lower rates for customers of Central Maine Power Company and Emera Maine, effective for a twelve-month term beginning January 1, according to a Nov. 13 press release. Residential and small businesses will see a 19-20 percent cut in their bills while medium…