Utility's Default Service Rate Increasing 41% For Residential, Small C&I Customers
November 15, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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The Maine Public Utilities Commission (Commission) accepted bids and set new Standard Offer electricity supply rates today for residential and business customers of Versant Power, Bangor Hydro District (BHE).
For Versant-Bangor residential and small non-residential customers, the Standard Offer price will be $0.16438 per kWh for the 12-month period beginning January 1, 2023, 41 percent higher than last year's rate of $0.116840 per kWh
For Versant-Bangor Medium Business Customers, the new prices vary by month, averaging 15.8 cents per kWh. Versant medium-class businesses will see an average 43% increase annually in the supply portion of their bill.
The Versant-Bangor medium SO rates are below ($ per kW):