Last week the Maine Public Utilities Commission (PUC) approved a one-time credit for approximately 90,000 low-income customers of Central Maine Power (CMP) and Versant Power to help offset increased electric supply rates.  The one-time credit is expected to be applied this March.

The Office of the Public Advocate and the Governor’s Energy Office filed a joint petition requesting approval of a program that will provide approximately $8 million of rate relief to CMP and Versant residential customers who have household incomes at or below 150% of the federal poverty guidelines.

The cost of the program will be paid by the Maine State Housing Authority, using the low-income Home Energy Assistance Program.  Qualified receipients can expect a one-time credit automatically applied to their electric bill by about March 30, 2022.