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Versant Power to match all donations through Power Match up to $200,000

Release Date:  11-29-2022

Versant Power has partnered with community action programs in its service area for Power Match, a charitable matching program that will provide electricity bill credits to customers in need. Versant will match all donations up to $200,000 and has provided an additional $60,000 seed fund to begin helping customers immediately.

Power Match will be facilitated and administered through community action programs in Versant Power’s service area. These programs include the Aroostook County Action Program (ACAP), Penquis, and Downeast Community Partners (DCP). Of the $60,000 seed fund, each community action program has received $20,000. The matching fund amount of $200,000 will be distributed amongst the three programs based on donations received through their individual donation portals.

Versant is committed to supporting our neighbors in the communities where we live and serve and finding new ways to meet challenges that can impact us all,” said Kendra Overlock, Vice President, Customer Service & Communications at Versant Power. “We are confident our local agency partners are well positioned to deliver assistance where it is needed, especially for those who may be struggling to make ends meet during the cold winter months.”

Last year, 20 percent of Americans struggled to pay their energy bill in full at least once. Low-income households face a disproportionately higher energy burden. According to DOE's Low-Income Energy Affordability Data (LEAD) Tool the national average energy burden for low-income households is 8.6%, three times higher than for non-low-income households, which is estimated at 3%. In some areas, depending on location and income, energy burden can be as high as 30%.

Many customers within Versant Power’s service area do not qualify for low-income assistance based on income eligibility guidelines, but still need help with utility bills. Power Match will aim to reduce this gap by providing bill credits to customers who exceed income eligibility guidelines for programs such as the Home Energy Assistance Program (HEAP), but still require emergency assistance.

“In the past, we have had requests from customers who wanted to make donations to help neighbors in need of assistance with their electricity bills,” said Overlock. “Now we have a way to connect those caring individuals with reputable agencies who can meet those requests, and we are pleased to be able to match their generosity with our own gift.”

ACAP, Penquis, and DCP will determine who should receive a bill credit under eligibility guidelines they have established and share those details with Versant Power, who will credit customers’ bills with an amount determined by the community action program.

To donate, please visit /community/power-match/. For more information and to find out if you qualify for Power Match, please contact your local community action program. Contact information is provided below. You can also follow Versant Power on Twitter (@versantpower), Instagram (versantpower) or LinkedIn for updates.

Versant Power is committed to delivering safe, reliable electric service. As the state's second-largest electric utility, the company delivers electricity to more than 160,000 residential, commercial and industrial customers across 10,400 square miles in northern and eastern Maine.

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Versant Power provides electric delivery service to two areas – the Bangor Hydro District and the Maine Public District.

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