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Maine Public Service Customers to See Transmission Rate Change

Release Date:  06-28-2013

Presque Isle, ME — Maine Public Service Company customers will see a change in electric transmission rates reflected in their July 2013 bill.  The transmission component of the electricity delivery rate is adjusted annually, based on a formula filed with the Federal Energy Regulatory Commission.

Small commercial and residential customers using 500 kWh will see an increase of about $2.11 per monthly bill. Because larger customers have more varied usage profiles it’s harder to generalize. Customers with questions about how the rate change impacts them can call Customer Service at 207-760-2300 or 877-655-4448.

The increase is higher than usual for two reasons:

  • A one-time income tax adjustment that lowered rates in 2012 is no longer in effect.
  • The cost of a generation contract needed for system reliability reasons is included in the transmission rate. While this generation contract is not a transmission cost or a utility cost, costs such as this are recovered through Maine Public’s transmission rates.

Maine Public Service is working with the system administrator of the northern Maine power system and other stakeholders to develop a long-term solution to keep future rates as low as possible without sacrificing the system reliability that our customers have come to expect.

We continue to try to keep our costs down in the areas where Maine Public has control. Our own costs have been relatively flat since 2007.