Maine electric ratepayers could get refunds for 15 years of overpaying for power transmission

Maine Public | By Peter McGuire
Published March 30, 2026 at 7:03 PM EDT

New England electric customers including Maine ratepayers could get more than $1 billion in refunds after federal energy regulators ruled this month that transmission utilities were paid inflated profits for years.

The Federal Energy Regulatory Commission draws to a close a case against the utilities that was first filed in 2011, said Maine Public Advocate Heather Sanborn.

"We're hopeful that transmission rates will come down as a result of this ruling and also that 15 years of overpayments will eventually be refunded to customers through their rates," Sanborn said.

Electric customers pay for transmission of power from generators such as power plants to local distribution lines. Transmission is owned by the same companies that distribute power, and earn profit from their infrastructure investments, including Central Maine Power and Versant Power, Sanborn said.

Continue reading at https://www.mainepublic.org/business-and-economy/2026-03-30/maine-electric-ratepayers-could-get-refunds-for-15-year-of-overpaying-for-power-transmission

 

 

************************************* 


Fair Use Notice: This website may reproduce or have links to copyrighted material the use of which has not been expressly authorized by the copyright owner. We make such material available, without profit, as part of our efforts to advance understanding of environmental, economic, scientific, and related issues. It is our understanding that this constitutes a "fair use" of any such copyrighted material as provided by law. If you wish to use copyrighted material from this site for purposes that go beyond "fair use," you must obtain permission from the copyright owner.

 

Load Previous Comments
  • Stephen Littlefield

    As always the government entity points the finger at the distributor companies rather than at the scammer companies that are charging 2, 3, as much as 4 times as much as Nat Gas or Hydro! The great scam has wasted billions that could have built a new age nuclear plant that would consistently produced more power then all the wing and solar that has destroyed thousands of acres of farm land and forest! And that forest consumes the supposed CO2 that the loony anti-scientists are vapor locking over!

  • Dudley G. Gray

    If Maine ratepayers have been overcharged for 15 years, just where was our so-called Public Advocate?

  • Penny Gray

    And still they push for more transmission lines to hook up the industrial wind sites planned for northern Maine.  When will this fraudulent energy scam be exposed for what it truly is?