By Associated Press - Sunday, September 13, 2020

HALLOWELL, Maine (AP) - The Maine Public Utilities Commission is soliciting so-called “standard offer” proposals for customers of Central Maine Power and Versant Power.

The standard offer is the default that consumers pay for electricity unless they elect to choose a different provider for themselves. The PUC said the standards offers cover for the coming year, and proposals are due next month.

PUC Chairman Bartlett noted that standard offer prices have been about 20% lower this year compared to last year reflecting electricity supply and demand conditions in New England.

The new standard offer prices that result from this process will be announced later this year.

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