Maine regulators approve new electric rates
The new rates going into effect March 1 reflect a 10 percent drop in the electricity supply costs, which account for about 60 percent of the monthly bills. Transmission and distribution rates, which account for the other 40 percent, also are expected to change on March 1.
Maine Public Utilities Commission Chairwoman Sharon Reishus said the dip in electric rates is good news after several years of rising energy prices.
MPUC also approved new rates for Maine Public Service Co. Those reflect a 2 percent decrease for small and medium-sized customers, and a 6 percent increase for large businesses.
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Group to create Canadian cyber standards for electricity sector IoT devices
TORONTO - The Canadian energy sector has been buying Internet-connected sensors for monitoring a range of activities in generating plants, distribution networks and home smart meters for several years. However, so far industrial IoT device makers have been creating their own security standards for devices, leaving energy producers and utilities at their mercy.
The industry hopes to change that by creating national cybersecurity standards for industrial IoT devices, with the goal of improving its ability to predict, prevent, respond to and recover from cyber threats.
To help, the federal government today announced an $818,000 grant support a CIO Strategy Council project oversee…
