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New Emera Rates Take Effect July 1st
Starting July 1, Emera Maine customers will see changes in electricity delivery rates.
A typical residential customer in the Maine Public District, using 500 kilowatt-hours of electricity per month and choosing the Standard Offer for electricity supply, will now pay $73.62 per month, an increase of $3.57. A typical residential customer in the Bangor Hydro District will now pay $90.48 per month, a decrease of 17 cents.
Electricity prices are made up of five components: distribution, transmission, stranded costs, conservation and supply. Emera Maine provides transmission and distribution services to electricity customers.
Effective July 1, a typical residential customer in the Maine Public District will pay:
- $31.17 for distribution
- $4.63 for transmission
- ($0.52) for stranded costs
- $1.22 for conservation
- $37.12 for Standard Offer supply
A typical residential customer in the Bangor Hydro District will pay:
- $31.82 for distribution
- $18.00 for transmission
- $3.31 for stranded costs
- $1.22 for conservation
- $36.13 for Standard Offer supply
Emera Maine continues to invest in hardening the system against storms, providing timely customer service, and identifying and removing more trees and limbs in declining health that may cause power interruptions as they break or fall.
All new rates will be posted at emeramaine.com as of July 1, 2018.
Prices | January 1, 2017 | July 1, 2017 | January 1, 2018 | July 1, 2018 |
Bangor Hydro District | $88.74 | $86.13 | $90.65 | $90.48 |
Maine Public District | $69.20 | $68.39 | $70.05 | $73.62 |
This information was submitted to us as part of a press release. If you would like to share your community news or event with our audience, please email newspi@townsquaremedia.com.
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