Federal Regulators ruled that transmission owners in New England set an unreasonable return on equity rates, effectively overcharging customers for years.
energy costs
Posted inBusiness, Local & State, News
Gas approaches $4 per gallon in Maine, highest in more than 3 years
Since the end of February, prices have risen nearly $1 per gallon for regular and premium gas. Diesel prices have shot up more than $1.40.
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Posted inBusiness, Local & State, News
Maine heating oil prices up to highest point in years
The head of Maine’s Department of Energy Resources called the recent spike ‘historic’ as average costs exceed $5 per gallon.
Posted inBusiness, Local & State, News
Maine heating oil prices up more than 20% since last week, state says
Prices have shot up since the United States and Israel launched attacks on Iran late last month.
Posted inBusiness, Local & State, News, Politics
How a change to net energy billing could cost a few Mainers tens of thousands
A ‘drafting error’ in a 2025 law could force dozens of residents to forfeit investments in community solar. Lawmakers are working on a fix.
Posted inBusiness, Local & State, News
Maine leaders pitch solutions to enhance grid as temperatures drop and electricity prices soar
Natural gas prices spiked to their highest level ever in New England in January, driving up the cost of electricity. Experts said the state should hasten energy project permitting and transmission interconnection to bring electricity prices down long-term.
Posted inBusiness, News
Suburban Propane customers report delivery problems in Maine
Complaints to the Consumer Protection Division of the Office of the Maine Attorney General have spiked with January’s frigid temperatures.
Posted inBusiness, Local & State, New England, News
NECEC power line to begin commercial operations Friday
The 145-mile line, which became a political flashpoint, is set to bring electricity from Canada to the New England grid via northwestern Maine.
Posted inBusiness, Local & State, News
How did prices of Maine household essentials change in 2025?
We reviewed the cost of groceries, vehicles and energy to see how they compare with the national inflation rate.
Posted inFact Brief, Local & State, News
Can a single data center use as much power as 5,000 homes? | Fact brief
Some communities — including Lewiston — have opposed data centers over concerns about electricity costs and grid strain, among other issues.