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Investment profit is at the center of CMP’s rate hike
Posted
August 24, 2026
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August 24, 2026
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1:10Now PlayingCentral Maine Power (CMP) is asking regulators to raise the cap on revenue it can make from investments in Maine’s electrical infrastructure.
That bump would mean higher bills for customers. If approved, the average household will pay about $216 more per year.
But CMP’s parent company, Iberdrola, was expecting a lower return. Now, regulators want to know where CMP got its numbers from.
Credits/byline: Story by Ethan Horton. Video by Tyler Lynch.
#maine #energy #costofliving #affordability #electricityissue
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The Maine Trust for Local News is the state’s largest news organization, covering communities across Maine in addition to statewide journalists reporting on state politics, housing, health, sports, culture, education, environment, Maine’s tribes and more. Visit our website at
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