Maine PUC Sets New Default Service Rates For Mass Market Customers

The Maine Public Utilities Commission has set new prices for Standard Offer electricity supply for customers of Emera Maine – Maine Public District (Maine Public Service).

For Emera MPD residential and small business customers, a price of 7.049 cents/kWh was set for the period June through December 2017. The new price is a 0.6% reduction compared to the current standard offer price, which remains in effect through May 2017.

For Emera MPD medium business customers, the new prices, which were also set for June through December 2017, differ by month, and are as follows:

Emera MPD - Medium C&I SOS ($/kWh)
Jun-2017     $0.06624
July-2017    $0.07117
Aug-2017     $0.07422
Sept-2017    $0.06685
Oct-2017     $0.06758
Nov-2017     $0.07436
Dec-2017     $0.09347

For large business customers, a standard offer price of 8.325 cents/kWh was set effective on April 1, 2017. The standard offer price for large business customers is subject to periodic adjustments, if necessary, to reflect any changes in market conditions and prices. If market adjustments are required they will occur on a quarterly basis (next adjustment possible on August 1).