HALLOWELL, Maine (NEWS CENTER) — The Public Utility Commission held its first of two public hearings about proposed CMP rate increases at its Hallowell office Wednesday night, and commissioners heard from everyone from Bowdoin College students to senior citizens opposed to the rates.
CMP has proposed an overall distribution rate increase over the next five years. The company says for the average ratepayer, it will mean one dollar per month more in the first year. Five years from now, the bill would be 6 to 7 dollars more per month.
The plan also implements a “stand by charge” for ratepayers who producer their own power.
For larger customers with solar power, such as Thomas College, it would mean an estimated $38,000 more over five years.
More at: http://www.wcsh6.com/story/news/local/2014/04/02/irate-ratepayers-rally-cmp-increases/7236205/
Reported by WCSH Channel 6 NBC Affiliate Portland Maine