Electric rates to increase July 1

BANGOR — Emera Maine expects to bump distribution rates by 5.3 percent following the conclusion of deliberations with the Maine Public Utilities Commission on Tuesday. Increased rates will take effect on July 1, according to a press release.

This bump is lower than the initial request made to the PUC. This change will see the typical 500-kilowatt hour residential customer charged about $1.60 more. The initial request would have resulted in a $3.60 bump.

“With today’s decision, [inflation-adjusted] distribution prices for Emera’s customers will remain below 2005 levels,” spokesperson Judy Long wrote.

More information about the PUC decision’s impact on Emera billing will be available next week.

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