CMP

The Spanish energy giant plans to operate Avangrid as a private company

Versant Power projected Thursday afternoon that it would restore power to all customers by Saturday night at the latest. A majority of customers in Aroostook County should have their power back by Thursday night, the utility said.

It's the first example of new compensation rules enacted to break down barriers to participation in complicated regulatory proceedings

New rates for electric supply were approved by state regulators.

The federal award will kick in if the company gets a contract to build transmission to planned wind farms in Aroostook County.

Central Maine Power had initially asked state regulators to be reimbursed $117 million over two years for its efforts to restore power after multiple storms in 2022. A new settlement agreement reduces costs to ratepayers by $850,000.

Newly released documents from the Maine Ethics Commission show that energy giant NextEra secretly financed two groups working to defeat a transmission project through western Maine between 2018 and 2019

The Maine Public Utilities Commission says the new standard-offer rates for customers of CMP, and Versant customers in Aroostook County, are about 30% lower than this year's.

The majority of Mainers who lost power Monday had it restored by the late afternoon.

At one polling location, voters were split over a public buyout of the state's electric grid.