HALLOWELL, Maine — The Maine Public Utilities Commission voted down a proposed rate increase from Central Maine Power on Tuesday with plans to give new guidance to utility companies on how to structure future filings.
CMP filed the rate case in September. It's a multi-year plan that would have amounted to roughly $35 per month for the average residential customer once the plan had been fully implemented over five years.
Commission Chair Philip L. Bartlett II said in a news release that the CMP's proposal did not align with the Commission’s work to strengthen performance measures and accountability requirements for utilities.
Central Maine Power said the request would have raised about $400 million in additional revenue. CMP said it needed that money to hire more than 400 more employee

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