WATCH LIVE

Electric Rate Hike 

Starting in March, just about all of us will see an increase in our energy bills, despite recent declines in energy prices.

Residential and small business customers of Central Maine Power will be paying 2.7% higher rates, while those served by Bangor Hydro-Electric will see their rates go up by 1.7%. It all adds up to about $300,000,000 for Mainers over the next four years.

Public Utilities Commission chairman Kurt Adams blames the rate hike on new payments approved by federal regulators to promote power generation in areas of New England. Adams says his agency has and will continue opposing the charges…