Reflecting regional trends, the supply side of home electricity bills will rise 14 percent, from 7.9 cents per kilowatt hour to a 10-year high of 9 cents.
energy
Posted inBusiness, Nation & World
GM fights government to retain tax credit for electric cars
Preserving the $7,500 tax incentive for buyers is crucial for GM as the company pivots from internal combustion engines in favor of building cars powered by batteries.
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Posted inBusiness, Local & State
CMP-area customers to learn 2019 electricity price Monday
The standard offer is the price set by the supplier for about 80 percent of customers.
Posted inBusiness, Local & State
Canadian hydropower supplier says it has plenty of capacity for New England
Hydro-Quebec says it’s bringing 13 more hydroelectric plants online and has untapped potential for others, but opponents of the 145-mile transmission line through Maine say that’s no guarantee more clean energy will be generated.
Posted inBusiness, Local & State
Default electricity rates in northern, eastern Maine to spike nearly 16%
Regulators approved a new standard offer that increases the residential rate from 7.22 cents per kilowatt-hour to 8.37 cents for people who don’t choose their own power supplier.
Posted inBusiness, Local & State
Ratepayers won’t be charged for CMP’s lost revenue, company official says
A vice president for the power distribution company tells regulators that CMP – and possibly its shareholders – will cover the cost of delayed bills to about 3,400 new customers.
Posted inLocal & State, News
Energy priorities shift as a new administration takes hold
After eight years of what some call obstructionist policies, renewables advocates look forward to Janet Mills in the Blaine House.
Posted inBusiness, Local & State, News
CMP warned of ‘working off the same playbook’ that stymied New Hampshire energy project
The kind of public resistance that sank the Northern Pass effort now has CMP reworking its transmission line blueprint.
Posted inBusiness, Local & State
Regulators say they won’t decide on CMP’s $1 billion power line until March
The Maine Public Utilities Commission extends the process for deciding whether to award a permit needed for the 145-mile transmission project to move forward.
Posted inSource
Heat pumps in Maine: Set it and forget it? Or turn it off for the winter?
The state’s energy-efficiency experts promote the latest versions for winter heat, if they’re installed and used correctly, to reduce fossil-fuel emissions. But some installers say it’s best to use them any time but winter.