Before a multibillion-dollar transmission line and wind farm are built in northern Maine, officials in Massachusetts must determine if the project will benefit that state’s residents.
energy
Posted inBusiness, Maine, News
How to save money when trying to stay warm
Here are 10 DIY tips to help keep your home warm this winter. Some don’t cost a cent, and others are inexpensive.
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Posted inBusiness, Maine
As heating costs soar, Mainers worry about the price of warmth
Oil costs are at record highs, electricity rates are increasing and temperatures are dropping. The result could be a crisis for Maine residents this winter.
Posted inBusiness, Maine, New England, News
Pricy, imported natural gas will drive Maine’s electricity habit this winter
While the U.S. exports natural gas at record levels, New England will have to import it, in liquid form. That dependence could cost a typical Maine household an extra $22 a month in electricity.
Posted inBusiness, Maine, News
Summit Natural Gas request for higher rates has some Mainers fuming, questioning
A decade since the company came to the state, enthusiasm for the energy provider has been dampened by high costs and slow service expansion.
Posted inBusiness, Nation / World, News
Oil companies see unprecedented profits as consumer prices soared
On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevron made a record $11.62 billion.
Posted inBusiness, Maine
New England fuel dealers plot their future in a rapidly electrifying world
As more mandates and incentives are rolled out to fight climate change, a strategy emerges to cast doubt on electrification while talking up renewable liquid fuels.
Posted inBusiness, Maine
Maine approves $63 million CMP power line upgrade over residents’ objections
Hundreds opposed the upgrade as benefiting a planned land-based salmon farm to be built in Belfast by Nordic Aquafarms, but regulators noted ongoing problems with the aging line.
Posted inBusiness, Maine
Average CMP bill to decrease almost 3% for home customers starting in July
State utility regulators estimate the average residential customer bill will decrease by $3.40 a month, or 2.7 percent of the total bill.
Posted inBusiness, Maine
Request for offshore wind power contract raises Maine ratepayer concerns
The proposed contract’s likely impact on Maine electricity customers is being shielded from public view, for now.