Maine utilities told to stick with ISO
MAINE - Central Maine Power and Bangor Hydro-Electric are being told to continue their arrangement with the operator of the regional power grid for two more years.
But the Public Utilities Commission also ordered the companies to aggressively pursue reforms of their relationship with ISO-New England.
The panel has expressed dissatisfaction with the present system, citing inequitable cost allocations and poor representation of consumer interests in the power grid's decision-making processes. It also found that components of the ISO structure benefit Maine's energy markets and consumers.
Earlier this year, the PUC conducted proceedings to assess the progress of negotiations and to consider whether to direct the utilities not to renew the existing agreements.
Related News

Ontario's electric debacle: Liberal leadership candidates on how they'd fix power
TORONTO - When Kathleen Wynne’s Liberals went down to defeat at the hands of Doug Ford and the Progressive Conservatives, Ontario electricity had a lot to do with it. That was in 2018. Now, two years later, Ford’s government has electricity issues of its own.
Electricity is politically fraught in Ontario. It’s among the most expensive in Canada. And it has been mismanaged at least as far back as nuclear energy cost overruns starting in the 1980s.
From the start Wynne’s government was tainted by the gas plant scandal of her predecessor Dalton McGuinty and then she created her own with the…