Eastern Maine Electric Cooperative has good economic news for its members in Eastern and Northern Maine. The cost of electricity supply will drop on all electricity used starting April 1st, when a new Standard Offer supply contract will begin. The first year of the new three-year contract, awarded to NB Power of Fredericton.
The new rate will result in a decrease of approximately 10% in the total residential electric bill and a 19% decrease in the standard offer supply portion of the bill.
