Electric rates fall for most Mainers,
but total bill likely won’t change much
Rates have fallen again for the supply side of a homeowner's electricity bill,
but that's likely offset by rising transmission costs.
The new Emera-area rate, which goes into effect Jan. 1, will be 6.3 cents kilowatt hour. It represents a decrease of 4.6 percent. For a typical eastern Maine home that uses 500 kilowatt hours a month, that translates into $31.63 next year, a savings of $1.52.
This welcome news is offset by the area’s transmission and distribution costs, which are notably higher than the cost of supplying energy. While the typical monthly supply cost next year will be $31.63, charges for transmission and distribution add up to $56.03, for a total bill of $87.66. .....