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flag CMP seeks $1.4B grid upgrade and 400 hires, risking $35/month bill hikes, sparking state opposition.

flag Central Maine Power has proposed a $1.4 billion five-year plan to strengthen the state’s grid and hire 400 new employees, seeking rate increases that could raise residential bills by about $35 monthly by year five. flag The Maine Public Utilities Commission is reviewing the request, with public hearings scheduled for October. flag Governor Janet Mills and the Public Advocate oppose the plan, calling it excessive and harmful amid ongoing economic struggles, and have directed state agencies to intervene to protect ratepayers.

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