Beneficial electrification assumes oil and gas costs will rise, electricity will be more affordable and new generation sources will be available on a schedule aligned with target dates.
Business
Local, state and national business news from the Sun Journal.
Posted inArts & Entertainment, Business, Maine
Meet the Mainers behind Renys’ ubiquitous, 4-word jingle
The ad tune, created by David Melville, has been heard in Maine every day since 2011.
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Posted inBusiness, Maine, New England
Maine’s electricity prices grew at third fastest rate in US, analysis shows
Securing cheaper, cleaner power has become harder than anticipated.
Posted inBusiness, Maine, News, Uncategorized
Mainers call on lawmakers to protect renters, boost housing production
The Legislature’s Housing and Economic Development Committee heard from renters, advocates, landlords and developers during a daylong hearing on the state’s housing crisis.
Posted inBusiness, News
Gulf of Maine scallop fishery halted again, this time for the year
The National Oceanic and Atmospheric Administration expects fisherman to reach the 675,563-pound harvest limit within the next few days.
Posted inBusiness, Maine, News
L.L. Bean drops lawsuit against canvas tote copycat
4Imprint Inc. apparently no longer sells the ‘boat tote’ that prompted the Freeport-based retailer to claim trademark infringement.
Posted inBusiness, News
All-day bagel and pizza shop to open in next month in downtown Hallowell
After serving bagels in the morning, owner Ryan Ellis said he hopes to keep Lately’s open to serve New York-style pizza to Hallowell’s late-night crowd.
Posted inBusiness, Maine, News
Proposal for passenger rail to Bangor loses steam in committee
The Legislature’s transportation committee says LD 487 ‘ought not to pass,’ especially without assured funding from the Trump administration.
Posted inBusiness, Maine, News
Maine home prices finally fell last month, but don’t celebrate yet
The last year-over-year sales decrease was in March 2019, when the median sale price was $200,000.
Posted inNoteworthy
Nonprofit offers training program for ‘green’ building industry
FREEPORT — passivhausMAINE is launching a new Pre-Apprenticeship Program, a six-month training initiative designed to introduce students to passive house principles and connect them with industry leaders in high-performance building. The program offers a hands-on opportunity for students to gain real-world experience and explore career paths in green building. The program will run from May […]