Maine electric rates going down
AUGUSTA, Maine (AP) — Rates are going down for residential and small commercial electric customers in Maine.
The Maine Public Utilities Commission approved new rates Tuesday that will result in prices going down more than 6 percent in the Central Maine Power and Bangor Hydro Electric service areas.
The PUC says the lower prices are a reflection of a robust auction process, where companies offer competing bids to supply power.
The new rates will be in effect for one year beginning March 1, 2012.
House payroll tax holiday bill ‘DOA’
WASHINGTON (AP) — A Republican payroll tax cut bill that sailed through the House despite a White House veto threat is dead on arrival in the Senate, and it will soon be time for talks on a final package, the Senate’s top Democrat says.
Senate Majority Leader Harry Reid, D-Nev., made the remarks Tuesday shortly after the House used a near-party line 234-193 vote to approve the measure. Reid says he will schedule a vote that should start the clock ticking on what stands as the year’s final, high-stakes partisan faceoff.