Governor Janet Mills is criticizing the Central Maine Power Company $1.4 billion electricity rate hike request with the Maine Public Utilities Commission.
The governor says the request undermines the landmark utility accountability law enacted in 2022
From Gov. Mills:
Today’s request from CMP blatantly ignores the economic reality that Maine people face every day, especially seniors on fixed incomes, small businesses, and residents of rural Maine, who are struggling with high costs of electricity, groceries, housing and health care. Yet CMP wants to raise their electricity bills again. I recognize that investing in our grid to improve reliability is important, but this request is massive and unacceptable. It undermines legislation I signed to ensure planned electric utility investments are transparent and are made with input from Maine people. I have directed the Governor’s Energy Office to intervene in opposition to CMP’s request, in order to safeguard the interests of Maine ratepayers and uphold the requirements CMP must follow under Maine law.
In 2022, the Maine Legislature enacted a landmark bill that requires CMP and Versant Power to develop Integrated Grid Plans every five years with public engagement to identify priorities and build a more affordable and reliable grid. CMP is required by statute to file its grid plan with the PUC by January 12, 2026.