CMP Bills Expected to Decrease for Some Maine Customers

Some Central Maine Power customers could soon see a small decrease in their monthly electric bills.

According to CMP, the average monthly bill is expected to drop by about $11. The utility says the decrease is the result of a couple of different factors, including the completion of storm repair cost recovery from previous years. CMP also says costs connected to Efficiency Maine are going down, which is helping bring bills slightly lower for customers.

WGME is reporting that the reduction could be welcome news for Mainers who have been dealing with higher costs across the board, including groceries, fuel, insurance, and utilities. Even a modest decrease in an electric bill can make a difference for households trying to keep monthly expenses under control.

However, the lower bills come as CMP is also asking for a rate increase. That request is currently being reviewed by the Maine Public Utilities Commission. If regulators approve the proposed increase, CMP says it would not take effect until next year, WGME reported.

For now, customers may see the decrease reflected in their bills as the storm-related recovery costs come off and Efficiency Maine costs decline. The long-term picture, though, will depend on what the Maine Public Utilities Commission decides regarding CMP’s pending rate request, WGME said.

In the meantime, customers are encouraged to review their bills closely, keep an eye on energy usage, and watch for updates from CMP and state regulators as the rate case moves forward.