BANGOR – In the midst of the pandemic, Versant Power will lower rates for all customers.
According to a Versant Power spokesperson, an average residential customer using 500 kilo-watts per month will see a decrease of $8 per month on their electric bill.
State regulators gave the rate cut the green light as part of the recent sale of Versant, formerly known as Emera Maine.
Customers should begin seeing the lower rate in September.
“We are pleased to be able to offer this rate relief at a time where we know customers are facing some economic challenges because of the COVID-19 pandemic,” said Judy Long, Versant Spokesperson.
Emera Maine was purchased in March by ENMAX Corporation of Canada, and changed its name to Versant Power as a result of the sale.