Energy Choice
                            

Matters

Archive

Daily Email

Events

 

 

 

About/Contact

Search

Maine Small, Medium Customer Standard Offer Rates to Fall, As PUC Apparently Selects 10-Month Product

January 14, 2015

Email This Story
Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

Standard Offer electric rates for customers at Central Maine Power will decrease starting in March, and the PUC appears to have selected 10-month supply contracts (through December 31, 2015), rather than 12-month contracts.

The PUC's order approving the Standard Offer contracts remains confidential, but new pricing has been posted for the CMP small and medium classes, and prices were only set through December 31, 2015. Presumably, the PUC elected to award 10-month supply contracts as outlined in the RFP rather than the standard 12-month contracts for which pricing was also sought. The shorter contracts, which eliminate the pricier months of January and February, were presumably selected due to lower risk premiums. It remains to be seen how the PUC will address January and February 2016 supply

For the CMP Small Customer Class, the Standard Offer rate will be 6.5441¢/kWh from March 31, 2015 to December 31, 2015. The current Standard Offer rate is 7.5603¢/kWh

The new CMP Medium Customer Class Standard Offer rates are as follows (¢/kWh):

Mar-15        7.640¢
Apr-15        5.805¢
May-15        5.205¢
Jun-15        6.460¢
Jul-15        6.170¢
Aug-15        6.145¢
Sep-15        5.535¢
Oct-15        5.515¢
Nov-15        6.540¢
Dec-15        9.495¢

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
NEW! -- Digital Marketing Manager -- Retail Supplier
NEW! -- Director, Business Development Power & Gas -- Retail Supplier
NEW! -- Business Development Manager -- Retail Supplier -- Houston/DFW
NEW! -- Energy Advisor
NEW! -- Manager-Retail Key Account Sales -- Retail Supplier
NEW! -- Energy Advisor -- DFW
NEW! -- Business Development Director
NEW! -- Scheduling/Business Analyst -- Retail Provider
NEW! -- Staff Accountant -- Retail Provider -- Houston
NEW! -- Regional Sales Manager -- Retail Provider -- PA/IL/New England/Texas
Sr. Pricing Analyst -- Retail Provider -- Houston
Senior Energy Markets Pricing Analyst
Energy Markets Analyst
Utility Rules Analyst -- Retail Supplier

Email This Story

HOME

Copyright 2010-15 Energy Choice Matters.  If you wish to share this story, please email or post the website link; unauthorized copying, retransmission, or republication prohibited.

 

Archive

Daily Email

Events

 

 

 

About/Contact

Search