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Maine electricity supply cost may rise in addition to rate increase sought by CMP
Rising wholesale natural gas prices driven by increased U.S. LNG exports and regional demand are expected to push electricity supply rates up 15% for most Maine homes and small businesses.
Summary by Portland Press Herald
6 Articles
6 Articles
Lewiston Sun Journal+2 Reposted by 2 other sources
Maine electricity supply cost may rise in addition to rate increase sought by CMP
The supply cost hike is tied largely to wholesale natural gas prices that are on track to keep rising in 2026, in part because more gas will be shipped overseas.
·Lewiston, United States
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Maine electricity rates rise as more natural gas is sold overseas
An electricity meter measures usage at this home in Bangor on Oct. 15, 2025. Prices for natural gas, which are a major fuel source for electricity, are going up, driven in part by more liquified natural gas being exported overseas. Photo by Erin Rhoda.Most Maine homes and small businesses can expect the cost of their electricity supply to go up in January. Nine out of 10 Maine homes receive their electricity supply through the state-run standard…
Coverage Details
Total News Sources6
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
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