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Another rate cut will further reduce electricity costs for CMP customers in 2024

Por: Portland Press Herald Nation December 14, 2023

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The average residential bill for customers of Central Maine Power will drop another 4% next year due to an adjustment to the transmission rate for the delivery of electricity, the utility said Wednesday. CMP’s delivery price will drop Jan. 1 to 11.7 cents per kilowatt hour from 12.2 cents. It’s the second announcement of reduced rates in as many weeks and welcome news for many who are still feeling the effects of inflation. Electric bills in... + full article



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