New England’s natural gas crunch and Russia’s war are pushing electric rates higher.
electricity
Posted inBusiness, Maine, New England, News
State to intervene in Versant Power rate hike request
Gov. Janet Mills orders her energy office to oppose the rate proposal, which seeks a 32% increase for Maine’s second-largest electric utility.
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Posted inBusiness, Maine, News
Work continues on restoring electricity to floors 7-16 in Franklin Towers
A temporary fix that is providing partial power to residents on floors 7-16 has been in place since Friday.
Posted inBusiness, Maine, New England, News
Versant Power seeks electricity rate hike
If approved, the average customer would pay about $120 more a year, starting next July.
Posted inTimes Record
State law sparks energy savings in Brunswick and Topsham
Nearly 8,000 Central Maine Power customers can expect $8.5 million in savings thanks to ‘nonwire’ upgrades required by a 2019 law.
Posted inBusiness, Uncategorized
Maine sees the future of power transmission, and it won’t always include big new lines
Big batteries and efficiency are chosen as an alternative to a new Brunswick-Topsham power line, thanks to a new law that pushes utilities to explore new ways to assure reliability.
Posted inEditorials, Opinion
Our View: Gov. Mills, lawmakers find common ground
Last minute compromises on utility regulation and the Good Samaritan law make Maine better able to meet its challenges.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Time is now for utility accountability, modernized energy grid
An amended version of L.D. 1959 sends a clear message to Maine’s power companies: Improve your performance, get fined or be replaced.
Posted inBusiness, Maine, News
Gov. Mills’ plan to rein in power companies faces two-pronged opposition
Many opponents either said the bill is a cynical ploy to maintain the status quo, or government overreach to address problems that don’t exist.
Posted inEditorials, Opinion
Our View: Maine households need long-term plan for cutting energy costs
A one-time, $90 credit is a good short-term break for the Mainers hit hardest by spiking power prices, but weatherization and other updates ultimately will make a bigger difference.