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Public hearing scheduled on distribution rate request

Release Date:  05-07-2021

Bangor and Presque Isle, Maine — The Maine Public Utilities Commission will host a public hearing on Versant Power’s request to increase distribution rates, allowing continued investments in system reliability, customer service and operations.

The hearing, to be conducted by phone, will be held at 6 p.m. Wednesday, May 26. More information about the hearing is available on the MPUC website, along with instructions for customers who would like to offer testimony.

Versant Power understands that reliable electrical service matters now more than ever and continues to work to provide the MPUC and customers with transparency around specific plans for improvement. Customers can learn more about how we’re investing in Maine by visiting our website.

Versant Power’s distribution rates have remained unchanged since July 2018, with the exception of a discount offered from September through December 2020 as a direct benefit of ENMAX’s acquisition of the company. The distribution rate is one of five components that make up customers’ electric bills.

In recognition of the challenges faced by our customers and communities we serve during the COVID-19 pandemic, Versant Power is asking that rate changes be phased in over two years. If approved, a typical residential customer using 500 kWh per month would see an increase of approximately $4 per month beginning Oct. 1, 2021, and Oct. 1, 2022.

As always, customers with questions about their service are encouraged to visit versantpower.com, call our Customer Contact Center at 1-855-363-7211 or 207-973-2000, or email info@versantpower.com. Follow us on Twitter (@versantpower), Instagram (versantpower) or LinkedIn.

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Versant Power is committed to delivering safe, reliable electric service. As the state's second-largest electric utility, the company delivers electricity to more than 159,000 residential, commercial and industrial customers across 10,400 square miles in five counties in eastern and northern Maine.