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PublishedOctober 30, 2022
As heating costs soar, Mainers worry about the price of warmth
Oil costs are at record highs, electricity rates are increasing and temperatures are dropping. The result could be a crisis for Maine residents this winter.
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PublishedOctober 16, 2022
Pricey, imported natural gas will drive Maine’s electricity habit this winter
While the U.S. exports natural gas at record levels, New England will have to import it, in liquid form. That dependence could cost a typical Maine household an extra $22 a month in electricity.
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PublishedSeptember 20, 2022
Summit Natural Gas request for higher rates has some Mainers fuming, questioning
A decade since the company came to the state, enthusiasm for the energy provider has been dampened by high costs and slow service expansion.
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PublishedSeptember 7, 2022
Waterville council votes to join state partnership in protecting city against climate change
The City Council on Tuesday took a first step to prepare for a plan to reduce carbon emissions, transition to clean energy and become more resilient to climate change by adopting a resolution to partner with the state on a climate action plan called Maine Won't Wait.
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PublishedJuly 29, 2022
Oil companies see unprecedented profits as consumer prices soared
On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevron made a record $11.62 billion.
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PublishedJuly 25, 2022
Russia’s Gazprom to cut gas flow to Europe to 20% of capacity
Concerns are rising about a possible recession if Europe does not save enough gas and rationing is required to get through the cold months.
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PublishedJuly 11, 2022
‘We’re in trouble’: Electric rates in Texas have surged over 70% as summer kicks in
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.
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PublishedJune 19, 2022
New England fuel dealers plot their future in a rapidly electrifying world
As more mandates and incentives are rolled out to fight climate change, a strategy emerges to cast doubt on electrification while talking up renewable liquid fuels.
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PublishedJune 15, 2022
Maine approves $63 million CMP power line upgrade over residents’ objections
Hundreds opposed the upgrade as benefiting a planned land-based salmon farm to be built in Belfast by Nordic Aquafarms, but regulators noted ongoing problems with the aging line.
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PublishedJune 14, 2022
Average CMP bill to decrease almost 3% for home customers starting in July
State utility regulators estimate the average residential customer bill will decrease by $3.40 a month, or 2.7 percent of the total bill.
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