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News Stories: Versant Power

March 13, 2026
Maine

PUC Offers Guidance on Utility Multi-Year Rate Plans

On March 13, 2026 in its inquiry into Multi-Year Rate Plans for Investor-Owned Transmission and Distribution Utilities the Maine Public Utility Commission (PUC) issued…

January 27, 2026
Maine

PUC Expands Scope of Default Service Time of Use Rates Investigation

The Maine Public Utilities Commission issued an order formally expanding the scope of the time-of-use (TOU) investigation to include additional rate designs that could…

November 19, 2025
Maine

PUC Approves 11%-14% Higher Utility Standard Offer Electricity Supply Rates

In a press release the Maine Public Utilities Commission PUC accepted bids for Standard Offer electricity supply that set new rates for residential and business…

November 18, 2025
Maine

PUC Adopts 2026 Utility Standard Offer Electricity Supply Rates

In a press release the Maine Public Utilities Commission (PSC) accepted bids for Standard Offer electricity supply today, setting new rates for residential and business…

September 26, 2025
Maine

PUC Approves Utilities Proposals To Return Excess Funds Associated With Certain Regional Fuel Security Initiatives To Standard Offer Customers

“By this Order, the Commission approves Central Maine Power Company’s (CMP) and Versant Power’s (Versant) proposals to return excess funds associated with certain…

September 24, 2025
Rate Case

Utility Rate Design For Stranded Costs Including Large Commercial Customer

On August 29, 2025 Central Maine and Versant Power made a filing incorporating LD1792 and LD1777 changes and the calculation of October 1, 2025 stranded cost rates. On…

September 12, 2025
Maine

PUC Approves Stipulation Allowing Utility Credit To Offset Default Service Uncollectible Adders

As previously reported, the Commission opened this proceeding in a Notice of Investigation and Opportunity to Intervene (Notice) issued on September 10, 2024. “The basis…

January 10, 2024
Maine

Utilities File Standard Offer Service Monthly Reports

MEPUC initiated docket to store reports related to the provision of standard offer service for the period 1/1/23-12/31/23 for Central Maine Power Company (CMP) and…

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