Constellation NewEnergy, a leader in the retail energy market and supplier for MPO members in the CMP and BHE areas, is committed to providing eligible members with their lowest electricity supply prices. MPO for the first time elected to offer a 36-month price when available prices dropped to the 5-cent per kWh range. Many members took advantage of the market low to lock in fixed prices for the extended period. NewEnergy has partnered with MPO since 2000 working in support of members and the Program through it’s strong purchasing power and pricing innovations.
We had been able to provide agreements in Northern Maine with WPS (later Integrys Energy), in early 2006 the agreement was terminated by WPS. In the past few months some new and promising developments have taken place in the region. See below.
New Brunswick Power awarded Small and Medium Supply Standard Offer agreement
Hydro Quebec agrees to buy New Brunswick Power – agreement still to be completed
Integrys sells 75 Megawatts of Hydro Generation and Standard Offer contracts to Algonquin Energy services
Algonquin Energy Services approved by MPUC as Standard Offer provider for Northern Maine region.
We will await the next actions regarding options for our members in Northern Maine.