Whitepaper: Comparison of Electric Rates in Northern New England by Ownership Model (May 2021)

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Published: May 2021

The State of Maine is considering a potential takeover of Maine’s existing investor-owned electric transmission and distribution utilities to instead form a government-owned electric utility. Proponents of such action have supported such a takeover by suggesting that Central Maine Power’s electric rates are higher than consumer-owned utilities.

Concentric was retained by Avangrid to review the electric costs for residential customers of comparable consumer-owned utilities and investor-owned utilities. This study presents Concentric’s analysis and findings.

This paper was updated in February 2022, the updated version may be found here.

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