Versant

New rates for electric supply were approved by state regulators.

The federal grant will help CMP and Versant connect more renewable energy sources.

In a recent letter to the Maine Public Utilities Commission, Versant said it intends to request an increase of about $35 million in distribution rates, to cover storm restoration costs, grid maintenance, and other expenses.

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

The Maine Public Utilities Commission on Wednesday approved a rate hike for customers of Versant Power.

The No Blank Checks campaign submitted more than 93,000 petition signatures to the Maine secretary of state's office this week. That sets up the likely scenario where Maine residents will cast votes on two competing referendum campaigns related to electric utilities next fall.

A proposal to dramatically change Maine's electric utility landscape has qualified for next November’s ballot, according to the Maine secretary of state’s office.

The pushback from the competing factions highlights how the governor's proposal attempts to split the difference between the status quo and a consumer-owned utility scheme that voters might get a chance to approve at the ballot box next year.

A group of southern Maine lawyers, business people and environmental advocates, including former lawmakers John Brautigam and Dick Woodbury, submitted a…

BANGOR, Maine - Maine electric utility Emera Maine has a new name: Versant. Versant continues to operate as a stand-alone utility headquartered in Bangor…