Regulators open new probe into complaint that CMP has been gouging customers

The Maine Public Utilities Commission voted Wednesday to launch a new investigation into whether Central Maine Power Co. has been overcharging its customers.

PUC Chairman Mark Vannoy said the vote came in response to a complaint filed by over a dozen CMP customers on May 29. The complaint, led by former state Rep. Herbert Adams, D-Portland, accuses CMP of charging rates that exceed the state limit for the utility’s return on equity. It also alleges that CMP has been deliberately gouging customers to recoup losses from a massive storm in October that caused about 470,000 CMP customers to lose power across the state.

CMP filed a response to the complaint June 8, denying the allegations and requesting that the complaint be dismissed.

On Wednesday, the PUC dismissed the portion of the complaint related to the October storm, but it approved the request for a general rate investigation. It gave CMP an Oct. 15 deadline to file the rate case.

Vannoy said that it is appropriate to revisit CMP’s rates this year, and that the utility’s most recent rate case was in 2014. He noted that the outcome of a rate case is unpredictable and will not necessarily result in lower bills for customers.....................................

https://www.pressherald.com/2018/07/18/puc-launches-new-investigati...

Regulators approve new probe of CMP rates

https://bangordailynews.com/2018/07/18/business/regulators-approve-...

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Comment by Donna Amrita Davidge on July 19, 2018 at 5:54am
Corporate Greed is rampant

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CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT (excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010  http://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?"  http://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” http://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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