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Versant Power's rate hike approved, raising average monthly bills by $11.15, marking the fifth increase since 2016.
The Maine Public Utilities Commission has approved a 23% increase in Versant Power's distribution rate, leading to an average $11.15 rise in monthly bills for customers using 500 kilowatt-hours.
The increase aims to fund grid improvements and modernization, though the commission acknowledged the financial burden on customers.
This is the fifth such increase since 2016.
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El alza de tarifas de Versant Power fue aprobada, elevando las facturas mensuales promedio en $11.15, marcando el quinto aumento desde 2016.