The impact on heating oil and gasoline is expected to be felt as soon as this week, though how electricity imported from Canada will be affected is less clear.
electricity
Posted inNation & World, News
Cuba left reeling after Category 3 hurricane ravages island and knocks out power grid
Some 50,000 people took shelter in Havana, with thousands more doing the same in regions south and just west of the capital.
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Posted inBusiness, Maine, News
Electricity Maine ordered to refund $6 million to customers
State regulators also imposed a $315,000 penalty against the Houston company for overbilling and temporarily capped how much it can charge customers.
Posted inBusiness, Maine, News
Regulators allow $2.5 billion corporate takeover of CMP to proceed without review
The PUC agrees to waive state review of the deal in which Spanish energy giant Iberdrola will acquire the remaining shares in Central Maine Power’s parent company, Avangrid.
Posted inBusiness, Maine, News
Manufacturers push back against rising electricity bills tied to renewable power incentives
One business said it may be forced to close because its power bills have jumped by thousands of dollars.
Posted inBusiness, Maine, News
Spanish energy giant Iberdrola seeks full control of CMP parent
Maine regulators are reviewing the deal in which Avangrid would become a privately held company and assessing how relieving it of federal public reporting requirements would impact ratepayers.
Posted inBusiness, Maine, News
Maine joins 9 other states to promote regional planning to boost clean energy
Cooperation between the Northeast states could help improve the region’s transmission system as more electric vehicles, building heat pumps, data centers and artificial intelligence gain ground.
Posted inBusiness, Maine, News
Heat wave trips up power plants, prompting New England grid operator to issue warning
ISO-New England declared a ‘Power Caution’ for more than 4 hours Tuesday as air conditioners cranked up at the start of what’s expected to be a 3-day heat wave.
Posted inBusiness, Maine, News
New England grid operator says it’s prepared for peak electricity demands this summer
ISO-New England says it will have sufficient electricity to meet consumer demand, though an extreme heat wave could test the grid’s capacity.
Posted inBusiness, Maine, News
CMP, Maine near settlement over complaint utility overspent on power restoration
Central Maine Power Co. and the state’s public advocate are nearing agreement on how much the utility can charge ratepayers for storm recovery costs.