Central Maine Power wants ratepayers to invest $200 million or more in Portland-area electricity infrastructure. But some lawmakers and the state’s utility watchdog say the company is underestimating the potential for alternatives that could be much cheaper, and much better for the environment.
In a recent letter to state regulators, CMP said it needs to improve grid reliability in the Portland area to meet projected electricity demand in 2025. It proposes spending $214 million on 32 miles of new power lines and to upgrade eight substations. It also acknowledges that it could shave about $16 million from the bill through unspecified …read more
Source: Bangor Daily News