PUC reviewing Central Maine Power's bad-debt write-offs
The review was triggered by mounting sums that CMP has been unable to collect from non-paying customers. If the utility is able to write off that bad debt on its books, ratepayers would pick up the tab. In the ongoing case, the PUC staff argues that CMP shouldn't be allowed to charge off a total of $10.6 million.
Central Maine Power Co. shut off electricity last year to 29,554 homes of residents who didn't pay their bills, an apparent record number that also reflects the condition of the overall economy.