Versant Power

Mainebiz recorded changes at law firms, banks, health care institutions, utilities and nonprofits. 

The new "standard offer" supply rates for residential and commercial customers of CMP and Versant were set through a competitive bid process conducted by the Maine Public Utilities Commission.

Erica Young, now executive vice president at ENMAX Energy, will succeed John Flynn as president of Versant Power on May 1, 2026.

Versant Power is the state’s second-largest investor-owned electric transmission and distribution utility, and serves 165,000 customers in northern and central Maine. 

A roundup of new hires, promotions and achievements at businesses, nonprofits, professional services firms and health care institutions in Maine.

If there’s a tree on a line in one direction, power can be fed from a different way while crews work to make repairs.

Winds up to 60 miles per hour knocked out power in a number of Maine counties, including Aroostook, Hancock and Piscataquis.

The federal funding will go toward new technologies designed to improve the stability of the power grid and prepare it to handle more electricity from renewable energy sources.

Versant has dispatched 38 team members with 15 bucket trucks, who left Hampden on Wednesday morning. In addition, Central Maine Power is keeping tabs on the fast-changing situation.

The goal is to establish a "cost-effective transition to a clean, affordable and reliable electric grid," said the chair of the Maine Public Utilities Commission.