CMP’s latest proposed rate increase tempered by mild storm season

By: Kaitlyn Budion

Outlets: Maine Morning Star

Published: April 17, 2026

Words: 510

Last Updated: 3 months, 2 weeks ago

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Central Maine Power, Maine’s largest utility, has submitted its latest rate increase proposal to the Public Utilities Commission.

CMP is seeking to increase its revenue by $189 million, with $69.3 million coming from a temporary rate increase starting in July.

But what that means for ratepayers bills is complicated by a decrease from prior storm-related costs. The average household will see their electric costs drop by $11 a month starting in July, according …

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