It’s not a big decrease, but a decrease nonetheless. As of July 1st, delivery rates for Emera Maine Customers for the Maine Public District dropped by an average of four percent.
“I think it’s great news for our customers..we’ve been trying real hard to keep our rates stable and the Maine Public District rates are lower now then they were in 2006 for the delivery rates so that’s good news,” said Rates Manager Mike Eaton.
Eaton says on the electric bill this means a typical residential customer will see a point five percent decrease, small commercial customers will see a 2 percent decrease, and larger commercial customers could see a decrease of ten percent or more.
“For a typical residential customer they’re not going to see much of a decrease probably about 15 cents per bill for a customer that uses 500 kilowatt hours,” he said.
Emera Maine has three components to its delivery rate – and all three changed at the beginning of the month. The distribution component increased more than 8 percent, the transmission component decreased by 12 percent and the stranded cost component decreased by 30 percent. Eaton says it’s tough to tell whether or not the drop in delivery rate will be a trend over the next few years.
“Maine Public District’s rates are the lowest in New England for the big investor owned utilities,” said Eaton. “Everyone wants to keep the cost of electricity under control and we’re doing our part..and even though costs increase all the time, we’re doing as much as we can to keep rates stable.
The new delivery rate was approved by the Maine Public Utilities Commission. Eaton says if you have any questions about the changes can go online to www.emeramaine.com or call their customer service center. Customers in the Bangor Hydro District had a two dollar and eighty nine cent increase in their delivery rates per month..that’s because their transmission rate is going up and their stranded cost rate didn’t decrease as much.