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Some relief expected for Maine electricity customers come January

Analysts expect a 20%-30% drop in supply rates, but there’s still plenty of uncertainty with the Public Utilities Commission set to select bids next month for 2024 standard offer service.

Relief expected for Maine utility customers

After enduring record-high electricity supply rates this year, most Maine households will start seeing some welcome relief in January, based on recent declines in other New England states and projections by Maine energy experts. Some New Hampshire.

Mainers may see electric bill relief

If supply rates fall as much as expected, the average Maine residential customer could save $31 a month on their electric bill.

Relief expected for Maine utility customers

Though rates may drop, there’s plenty of uncertainty surrounding the PUC procurement process that starts in mid-November.

State regulators will require a public hearing on Lincoln-Poland Spring contract