Is CMP the only power company in Maine?
Maine already has nine consumer-owned utilities serving 97 towns including Calais and Kennebunk, but the majority of the state is serviced by CMP or Versant.
What electric companies are in Maine?
Electric Utilities
- Central Maine Power. Attn: Customer Service.
- Versant Power. P.O. Box 932.
- Eastern Maine Electric Coop. Scott Hallowell.
- Fox Island Electric Coop. Amy Watson.
- Houlton Water Company. John L.
- Isle-Au-Haut Electric. Patrick Tully.
- Kennebunk Light & Power District. Sharon Staz.
- Madison Electric Works. Martin Berry.
When did Iberdrola buy Central Maine Power?
2008
Central Maine Power has operated in Maine since 1898. The company was acquired by Iberdrola in 2008, which is the world’s fifth largest utility based on market value, and the world’s largest wind energy company.
Who bought Central Maine Power?
AVANGRID, Inc.
About CMP: Central Maine Power Company (CMP), a subsidiary of AVANGRID, Inc., is Maine’s largest electricity transmission and distribution utility. Established in 1899, CMP operates approximately 23,500 miles of distribution lines and 2,900 miles of transmission lines.
Can CMP disconnect in the winter 2022?
CMP Is Allowed To Send Disconnection Notices To Customers During Winter, Regulators Say | Maine Public.
What is CMP in Maine?
What is the Proposed CMP Corridor? Central Maine Power (CMP) is proposing to build a 145-mile transmission line through the heart of Maine to send hydropower from Quebec to electricity customers in Massachusetts. The CMP corridor is a bad deal for Maine.
What is the standard offer rate for electricity in Maine?
For CMP residential and small business customers who receive standard offer supply service, the accepted bids result in a new standard offer supply price of 9.0 cents/kWh, which is a 13.7% increase compared to the supply price in 2018.
What are the electric rates in Maine?
Residential Electric Rates
| RESIDENTIAL ELECTRICITY RATES IN MAINE As of December 31, 2021* | ||
|---|---|---|
| # of Customers (Residential)** | Total Rate ¢/kWh | |
| Central Maine Power | 559,516 | 21.2 ¢/kWh |
| Versant Power – BHD | 133,671 | 23.3 ¢/kWh |
| Versant Power – MPD | N/A | 20.4 ¢/kWh |
What is Iberdrola famous for?
With over 170 years of history behind us, Iberdrola is now a global energy leader, the number one producer of wind power, and one of the world’s biggest electricity utilities in terms of market capitalisation.
How much of Avangrid does Iberdrola own?
81,50%
Avangrid, Inc. is 81,50% owned by Iberdrola, S.A.
When was CMP sold?
NEW OWNERSHIP, NEW LOGO CMP also was an investor-owned company with publicly traded stock until 2000. That’s when its directors voted to sell the Augusta-based utility to New York State Gas & Electric. The sale resulted in a holding company called Energy East. In 2008, Iberdrola bought Energy East for $4.6 billion.
When did Avangrid acquire CMP?
Iberdrola directly owned CMP until the end of 2015, when Avangrid was formed by the merger of Iberdrola USA and UIL Holdings.