Maine Utility's Residential, Small C&I Default Service Rate Increasing 88%
November 16, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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The Maine Public Utilities Commission (Commission) has posted new Standard Offer electricity supply rates today for residential and business customers of Versant Power, Bangor Hydro District (BHE), as well as for large business customers in Versant’s Maine Public District (MPS).
At BHE, the residential and small commercial Standard Offer rate will be $0.116840 per kWh for January 1, 2022 through December 31, 2022, over 88% higher than the current rate of $0.061960 per kWh.
The PUC said that new BHE residential Standard Offer price amounts to an increase of about $30 per month on the total bill for an average customer using 550 kWh/month
For BHE, the medium non-residential class Standard Offer rates for 2022 are shown below. The PUC said that BHE medium-class businesses on the Standard offer will see an average 77.7% increase annually in the supply portion of their bill.