Company President Doug Herling tells regulators, in response to the threat of fines, that the end of the billing backlog is near.
energy
Posted inBusiness, Maine, News
U.S. still has no place for spent nuclear fuel, so Maine Yankee’s owner gets millions
The award will help pay for the roughly $10 million per year to maintain the repository at the closed nuclear plant in Wiscasset.
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Posted inBusiness, Maine, News
Opponents, supporters ramp up efforts to influence corridor project’s fate
A record number of comments have been posted on the Maine Public Utilities Commission website, with the vast majority against the project.
Posted inBusiness, Maine, News
Mills throws her support behind CMP’s controversial plan for transmission line
The governor signs on to a deal that would give Maine $258 million in benefits in exchange for a permit to build the 145-mile project to send power from Canada to Massachusetts.
Posted inBusiness, Maine
Portland company wins contract to help develop geothermal energy
Introspective Systems is developing software to enhance the understanding of geothermal systems for the Department of Energy.
Posted inMaine
Maine DHHS adds $3 million to home heating assistance
The federally funded program helps low-income families afford home energy costs.
Posted inBusiness, Maine
Report recommends action to transition to clean-energy New England economy
The Nature Conservancy and CEI Inc. release a report showing ways to transition to renewable energy and away from fossil fuels.
Posted inBusiness, Maine, News
CMP facing a backlog of thousands of faulty bills
As the electric utility generates hundreds of flawed bills daily, customers ask: ‘What the heck is wrong with this company?’
Posted inBusiness, Maine
CMP sweetens its offer for approval of transmission corridor, to $258 million
In confidential documents, the power company and its partners offer incentives over 40 years if regulators approve the 145-mile project through western Maine.
Posted inBusiness, Nation & World
Exxon partners with Qatar Petroleum in liquefied natural gas project
Exxon says the operation will create 9,000 jobs during the five years of construction and more than 200 permanent positions.