This month, the average residential rate listed on the site was 18.48 cents per kilowatt hour. That’s up from 10.5 cents in June 2021.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine Cannabis Report
Cannabis industry to see tax cuts, reforms in California
The legal market has been hampered by confusing regulations, high taxes and decisions by some communities to ban cannabis shops.
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Posted inBusiness, Health, Maine Cannabis Report
Epilepsy patients navigate a murky, unregulated CBD market
Despite promising results, physicians are reluctant to advise patients on over-the-counter cannabidiol because they can’t be sure what’s in the bottles.
Posted inBusiness
Takeaways from the Uber Files investigation
Findings from the Uber Files, an investigation based on more than 124,000 documents exposing the company’s aggressive entrance into cities around the world.
Posted inBusiness
‘Hit the kill switch’: Uber used covert tech to thwart government raids
Regulators entered Uber’s offices only to see computers go dark before their eyes as the company used covert tech to thwart government raids, leaked records show.
Posted inBusiness
Average U.S. gasoline price falls 19 cents to $4.86 per gallon
The lowest average was in Baton Rouge, Louisiana, at $4.19 per gallon.
Posted inBusiness, Food, Maine
How one Maine town made sure it had a place to eat out this summer
Food-world connections and eager investors helped get the beloved family restaurant Dennett’s Wharf up and running in Castine.
Posted inBusiness, Nation & World
Musk effort to kill deal leaves Twitter with only bad options
Staff were already on edge due to recent executive departures and restructuring of product leadership.
Posted inBusiness, Nation & World
Production resumes at troubled Abbott baby formula factory
The Michigan plant whose February shutdown over contamination contributed to a national shortage shut down again in mid-June.
Posted inBusiness, Nation & World
Park outdoors: Ford expands recall for possible engine fires
The company also announces that it’s recalling another 100,000 SUVs in the U.S. for a different problem that also causes engine fires.