News & Press Releases

Starting July 1, all Versant Power customers will see changes on their bills. Bangor Hydro District customers will see changes to stranded cost, distribution, conservation, and Public Policy Charge rates and customers in the Maine Public District will see changes to their stranded cost, distribution, transmission, and conservation and Public Policy Charge rates.

Six miles of weakened equipment that is over sixty years old will be removed and replaced from Hamlin to Van Buren.

Versant Power will replace over 20 miles of bare wire with covered conductor in 2025. Covered conductor is a type of wire wrapped in an insulated material that makes it more resistant when trees and branches contact the line, helping to prevent faults and outages.

Osprey pairs that nest on Versant Power’s Lamoine and Mount Desert Island nesting platforms have returned and are available for 24/7 viewing at versantpower.com/osprey

After a yearlong review process, the Maine Public Utilities Commission has approved a distribution rate change for Versant Power customers effective April 1. For the average residential customer using 500 kilowatt-hours per month, this change would mean an increase of about $11 per month, or 8% of the total bill. For a customer using 750 kwh, it would result in a $16.50 increase, and for 1,000 kwh, an increase of about $22.

Versant Power crews have been making major improvements at the Orono substation to facilitate load growth and reliability in the area. Power System Technicians are currently standing up steel at the site to support the new infrastructure.

Versant Power will hold a virtual session on its Integrated Grid Planning work at 11:30 a.m. Friday, Feb. 28. This meeting will focus on data we are using to model scenarios for identification of potential future grid needs.

Community investments supported a broad range of organizations along with specific initiatives to address energy affordability, basic needs, and programs selected by employees.

Versant Power completed a variety of projects throughout northern and eastern Maine last year as part of an ongoing effort to improve system reliability.

Versant Power will provide updates on its integrated grid planning and climate vulnerability study through a series of community meetings throughout Penobscot County this month. Customers are encouraged to attend to learn about how the company is planning for future grid needs, climate resilience, and other topics of interest.

Most residential customers will see an overall increase in their bills effective January 1. A standard offer supply rate increase will take effect in the Bangor Hydro and Maine Public Districts. The Bangor Hydro District will also see an increase in the transmission rate on their bills.

The new Tremont substation feeds power to two local circuits, one feeding Bass Harbor and the other feeding the Tremont area, including Swans Island and Frenchboro. Upgrades to equipment along both lines connected to the substation will improve service to over 2,000 Versant Power customers.

Versant Power invites customers to learn about how the company is planning for future grid needs, climate resilience, and other topics of interest at a series of community meeting in Aroostook County.

A new Versant system configuration focusing on the Orono and Milford areas will make service more reliable for customers.

The Maine Public Utilities Commission has announced that on Jan. 1, 2025, supply prices will increase for all Versant Power customers who receive Standard Offer Service.

Versant Power will provide updates on its integrated grid planning and climate vulnerability study through a pair of virtual meetings this month.

The U.S. Department of Energy announced today that a Maine partnership, including the Maine Governor's Energy Office, Versant Power and Central Maine Power, has been awarded a $65 million grant to help with grid planning and operation throughout the state.

Versant Power invites the public to learn about how it is planning for future grid needs, climate resilience, and other topics of interest at a series of meetings in Washington County this month.

On Wednesday, October 9, representatives from Versant Power and non-profit organizations in Versant’s service territory gathered at The Stage Door in Bangor for check presentations.

This week, Versant Power crews completed construction on a project to replace six miles of line and equipment from Van Buren to Hamlin.