Electricity Service in Maine
Your Electric service is made up of two parts: supply and delivery. The price for the supply portion, also known as the standard offer, is set by the forces of competition. Delivery is provided by your transmission and distribution utility and remains fully regulated. The regulated rate for delivery consists of three different elements: transmisssion, distribution, and stranded costs. Transmission service, involving high voltage bulk power lines, is regulated by the Federal Energy Commission (FERC) in Washington. The Maine Public Utilities Commission (PUC) in Augusta regulates stranded costs and distribution service. The Maine Public Advocate routinely intervenes in rate cases involving all elements of delivery rates. We are also active in trying to influence the set-up and regulation of the wholesale supply market. It is this market that influences the standard offer rate.
For more information on state energy policy visit http://www.maineenergyinfo.com/ .