PUC Approves One-Time Bill Credit To Offset Supply Costs For Low-Income Customers
February 17, 2022 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 has approved a one-time $90 bill credit for approximately 90,000 low-income customers of Central Maine Power Company (CMP) and Versant Power to help offset increased electric supply rates.
A written order was not immediately available, but under proposed implementation plans filed by CMP and Versant, the credit was proposed to be applied on a one-time basis to each eligible customer with an active customer account, regardless of whether the customer takes standard offer service or is enrolled with a Competitive Energy Provider. This competitively neutral aspect of the plan does not appear to have been contested by any party.
The one-time credit is expected to be applied this March.
The Office of the Public Advocate and the Governor’s Energy Office had filed a joint petition requesting approval of a program that will provide approximately $8 million of rate relief to CMP and Versant residential customers who have household incomes at or below 150% of the federal poverty guidelines. The cost of the program will be paid by the Maine State Housing Authority, using the Low-Income Home Energy Assistance Program.