Experts say the expected increase is primarily a result of rising prices for natural gas. Maine’s solar policies also could increase rates in the coming years.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Maine, Morning Sentinel
A Madison fabric shop in operation for more than 40 years to close at year’s end
The Fabric Garden owner Michaela “Kala” Murphy says retirement is calling, but she’ll miss helping customers with their designs and creative urges.
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Posted inBusiness, Nation & World, News, Politics
Sen. Collins joins Republican push to return federal workers to in-person service
The senators said the extended remote work, a result of the coronavirus pandemic, has led to backlogs in key service areas.
Posted inBusiness, Food & Dining, Maine, News
A 1-in-100 million lobster is caught in Casco Bay
Haddie, a pastel-colored cotton candy lobster, is living in a tank, for now.
Posted inBusiness, Nation & World, News
Congress mandates new car technology to stop drunken driving
Monitoring systems to stop intoxicated drivers would roll out in all new vehicles as early as 2026.
Posted inBusiness, Health, Nation & World, News
Vaccine rule should remain while cases play out, administration argues
The Biden administration responds to a stay issued by the New Orleans-based U.S. appeals court, saying it would ‘cost dozens or even hundreds of lives per day.’
Posted inBusiness, Uncategorized
Another day, another record on Wall Street as stocks inch up
Stocks notched some modest gains on Wall Street Monday, enough to mark more record highs for major U.S. indexes.
Posted inBusiness, Maine
Maine expects nearly $2.4 billion from Biden infrastructure package
More money will help address a backlog of work on highways, bridges, water and sewer pipes, and other physical structures Mainers rely on every day.
Posted inBusiness, Nation & World, News
Air-scrubbing machines gain momentum, with a long way to go
Leading scientific agencies say even if the world manages to stop producing harmful emissions, that won’t be enough to stop a climate catastrophe.
Posted inBusiness, Maine
Freeport may be one of the fastest growing tourist destinations this winter, survey shows
Tripadvisor ranked Freeport among its top-10 fastest-growing destinations; now town businesses are gearing up for a busy winter.