Versant Power customers to receive rate relief

More than a thousand customers are currently without power.
More than a thousand customers are currently without power.(Gray tv)
Published: Aug. 11, 2020 at 12:09 PM EDT
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PRESQUE ISLE, Maine (WAGM) - Versant Power will lower distribution rates for all customers for a four-month period beginning Sept. 1, 2020. More than $8 million in rate relief, which Versant Power is pleased to offer during this difficult time for customers, is a direct benefit of ENMAX’s acquisition of the company. In both the Bangor Hydro District and Maine Public District, a typical residential customer, using 500 kWh per month, will see a decrease of more than $8 per month on their electricity bill. Commercial customers will see their distribution rate decrease at least 17%, depending on rate class. Industrial customers will receive a share of funds in the form of a one-time payment.Versant Power also will allocate funds to interconnected consumer-owned utilities, including Eastern Maine Electric Cooperative and Van Buren Power & Light, for those utilities to distribute to their customers. As always, any customer who has a question about their service is encouraged to call our Customer Contact Center at 1-855-363-7211 between 7:30 a.m. and 5 p.m. Monday through Friday. You can also reach our Customer Contact Center at Power remains committed to providing safe, reliable service to all customers in northern and eastern Maine. Customers are not responsible for any costs associated with changing the company’s name.

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