Residents
and Commercial businesses located in Maine now
have the option of entering into the new Deregulated
Electric Market
What we can do
for you:
- We provide our service
to you at no cost
- We help you craft the
best contract terms and conditions which will maximize
your savings and give you more flexibility
- We evaluate the available
Retail Electricity Providers, determine which best
suits your individual needs, and negotiate the best
price and contract terms for your business.
- Save time by outsourcing
energy procurement task.
- Quickly transition you
from higher priced standard offer to lowest cost
provider.
Learn
More...
History of Deregulation
in Maine:
12/02: The
Maine Public Utilities Commission (PUC) released a report,
Standard
Offer Study and Recommendation Regarding Service after
March 1, 2005, to the state Legislature. In the
report, the PUC recommended standard offer service remain
available after March 1, 2005, under certain conditions.
For medium and large nonresidential customers, standard
offer service will be continued only as a “last resort”
service. In the small commercial and residential sectors,
where competitive retail markets for electricity are
not as fully developed as the large customer sectors,
current standard offer service will continue to be offered
to customers who do not choose an alternative energy
supplier. Based on public interest, the PUC also recommended
a “green” supply option for residential and small commercial
customers.
3/02: New
standard offer rates for customers in the Central
Main Power Company, Bangor Hydro Electric Company, and
Maine Public Service Company service territories went
into effect on March 1, 2002. According to a PUC press
release, medium and large commercial and industrial
CMP and Bangor Hydro customers "will see the largest
overall price decreases."
9/00: Statistics
from the Maine Public Service Commission (PSC) show
that 26 percent of all electricity delivered by the
State's three major utilities is being purchased from
alternative suppliers. However, industrial customers
are purchasing the bulk of that load. In contrast, 6
percent of residential and small commercial customers
have switched providers, bringing the total number of
residential and small commercial customers served by
competitive providers to about 1,500 customers.
5/97: LD1804
was enacted. The law will allow retail competition by
March 2000 and, for large investor-owned utilities,
features a market share cap of 33 percent in old service
areas, a requirement for divestiture of generation assets
by March 2000, and the nation's most aggressive renewables
portfolio, requiring 30 percent of generation to be
from renewable energy sources (including hydroelectric). |
