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PUC Votes to Conduct Audit of CMP's Smart Meter Program
06/13/2013 04:34 PM ET  

PUC staff had raised concerns that the cost of the program was significantly higher than estimated, and that those higher costs could be passed onto ratepayers.

Going along with a staff recommendation, the Maine Public Utilities Commission has voted to conduct an audit of Central Maine Power's Smart Meter program.

Maine PUC Administrative Director Harry Lanphear says the commission will hire a third party entity to conduct the audit, the results of which will be factored in by utility regulators as they make decisions about CMP's current rate hike request.

"We are hopeful that the audit will be completed by the end of the calendar year. That's our hope," Lanphear says. "That way, we can we can definitely include it into CMP's current case."

PUC staff had raised concerns that the cost of the program was significantly higher than estimated, and that those higher costs could be passed onto ratepayers.  In addition, Lanphear says some features that were supposed to result from the technology aren't being put in place as expected.

This story was reported and written by Ed Morin.


 

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