09/16/2025 | Press release | Distributed by Public on 09/16/2025 12:00
Augusta, ME - September 16, 2025 - Central Maine Power (CMP), a subsidiary of Avangrid Inc., today announced it has filed its "Investing in Maine's Future Plan," a proposal for a major, five-year workforce and grid strengthening initiative, with the Maine Public Utilities Commission (MPUC).
As part of CMP's proposal, the company is seeking approval to hire approximately 400 new full-time, Maine-based employees, including 200 new union lineworkers. Other hires would include customer service staff, engineers, project planners and digital services employees. CMP intends to pair this major workforce initiative with a five-year grid strengthening and enhanced vegetation management plan across its service area.
"Today, we are submitting a structured plan to help stabilize the impact and cost of extreme weather in Maine," said Linda Ball, President and CEO of Central Maine Power. "Year-round, our electric grid is challenged by extreme heat in the summer and powerful storms in the winter. That's why we're planning to invest in a stronger, more resilient grid, built by a growing, Maine-based workforce trained right here in our state. Over the next five years, these targeted investments will not only enhance reliability but also provide greater financial stability and predictability for our customers."
CMP has decades-old poles, wire, substation components, and other grid equipment currently in use across its service area. As storms become stronger, communities grow, and Mainers use the grid in new ways, 20th century infrastructure is being strained by 21st-century challenges.
Today's filing, along with other regional project filings for Greater Portland and Greater Bangor that are linked to CMP's "Investing in Maine's Future Plan," will help address the following:
CMP is proposing a structured, five-year investment plan. The goal of this plan is to create price stability for customers while allowing the company to make critical grid investments to lower what customers pay due to extreme weather events in the future.
The company's proposal would require a stepped increase in annual revenue ranging between $400-450 million by the end of the five-year rate plan. By implementing a multi-year plan, the company seeks to minimize the financial net impact to our customers as hundreds of millions of dollars in one-time storm costs are cycled off customer bills.
As is typical, the MPUC and the Office of the Public Advocate will carefully review and scrutinize CMP's proposal during a public and transparent process. These estimates do not account for potential changes in the non-CMP portion of a customer's electric bill, including electric supply and other charges. If approved, the earliest this plan would be implemented is mid-2026.
About Central Maine Power: Central Maine Power Company (CMP), a subsidiary of Avangrid, Inc., is Maine's largest electricity transmission and distribution utility. Established in 1899 and based in Augusta, Maine, CMP serves approximately 646,000 customers across 346 communities in central and southern Maine. It operates approximately 23,500 miles of distribution lines and 2,900 miles of transmission lines. Over the last decade, the company has invested approximately $3.5 billion in Maine system infrastructure. For more information, visit https://www.cmpco.com.
About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine, and Oregon, including operations in 23 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies - a ranking of America's best corporate citizens - in 2025 for the fifth consecutive year. The company was named among the World's Most Ethical Companies in 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit https://http://www.avangrid.com.