CMP to offer written rate hike explanations on bills
PORTLAND, Maine (AP) — Maine’s largest electricity utility says it will include information on customers’ bills explaining why rates may be higher in 2019.
The Portland Press Herald reports that Central Maine Power spokeswoman Catherine Hartnett said in a Facebook live session Thursday that the company wanted to let customers know increases were coming. CMP announced earlier this month that rates for residential customers who choose the Standard Offer supply would rise 13.7 percent in January.
CMP President and CEO Doug Herling said in a statement Thursday that rate hikes are tied to “the increase in the cost of energy supplied largely by natural gas-fired generation companies.”
Information from: Portland Press Herald, http://www.pressherald.com