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Energy & Utilities

  • No power rate reductions for northern Maine counties

    July 22, 2016

    Regulators said they had to make a difficult policy call in ruling out Aroostook and Washington counties for some power rate breaks.

    July 22, 2016
  • Report: As solar explodes nationwide, Maine lags

    James McCarthy July 22, 2016

    Maine is behind most states in an annual solar power capacity ranking, despite having the potential to produce 96 times as much electricity from solar as it consumes each year.

    James McCarthy July 22, 2016
  • Heating oil prices fall as crude oil market rally falters

    July 21, 2016

    More good news on heating fuel prices slide down across the state.

    July 21, 2016
  • PUC: Ratepayers would pay up to $75M for expanded gas pipeline

    Staff July 20, 2016

    The Maine Public Utilities Commission on Tuesday unanimously approved a plan in which electricity customers would pay up to $75 million annually to expand natural gas pipeline capacity in New England.

    Staff July 20, 2016
  • Over 100 communities closer to waste-to-biofuel conversion

    Staff July 19, 2016

    The Maine Department of Environmental Protection has issued the final permits for a Fiberight waste management plant in Hampden, following a year of reviews and public input.

    Staff July 19, 2016
  • Gas prices continue to drop during summer driving season

    July 19, 2016

    For the second week in a row, the average price for a gallon of regular gasoline in Maine dropped by four cents, to $2.24, continuing an extended streak of falling prices in the state despite being in the middle of the busy summer driving season.

    July 19, 2016
  • Maine’s largest solar farm could come to Farmington, but where?

    July 14, 2016

    Environmental studies are now underway in Farmington for what would be the largest operational solar farm in the state.

    July 14, 2016
  • National, local gas prices continue to tumble

    Staff July 12, 2016

    The average price for a gallon of regular gasoline in Maine dropped by four cents to $2.28, continuing an extended streak of falling prices in the state.

    Staff July 12, 2016
  • Getting to 100% renewable energy by 2050? Ambitious, but not impossible

    James McCarthy July 11, 2016

    The challenge of lowering our electricity costs — which are the lowest in New England but remain a challenge for Maine businesses competing against companies in regions of the U.S. with significantly lower electricity costs — is by no means a simple

    James McCarthy July 11, 2016
  • Global demand spurs growth in new forest product sectors

    James McCarthy July 11, 2016

    James Chittum sees a tremendous opportunity for Maine companies that make products using renewable biobased resources from forest, farm and sea instead of petroleum-based compounds such as polyethylene or polystyrene.

    James McCarthy July 11, 2016
  • A $13.4M question: Will the PUC biomass bidding process be competitive?

    James McCarthy July 11, 2016

    The Maine Public Utilities Commission has set a deadline of July 29 for bids seeking to tap a $13.4 million allocation created by the 127th Legislature to pay for above-market, two-year contracts for electricity created by biomass generators.

    James McCarthy July 11, 2016
  • Portland firm bests 24 contenders for $146K grid grant

    Lori Valigra July 7, 2016

    Introspective Systems LLC, a Portland-based company that designs complex frameworks and software so various electronic systems can talk to each other in networks, has been awarded a $146,683 grant through the federal Small Business Innovation

    Lori Valigra July 7, 2016
  • Controversial Passadumkeag wind project sold for $127M

    July 6, 2016

    The Passadumkeag Wind project in Great Falls Township has been purchased by the Atlanta-based energy company Southern Co. for $127 million.

    July 6, 2016
  • Gas prices in Maine continue downward trend

    July 6, 2016

    The average price for a gallon of regular gasoline in the state dropped two cents to $2.32, continuing the dropping price trend in recent weeks.

    July 6, 2016
  • Federal energy grant gives $108K boost to Maine farms, businesses

    Staff July 5, 2016

    Thirteen Maine businesses and farms have been awarded a total of $108,001 in grant funding through the Rural Energy for America Program to assist in lowering energy costs and installing renewable energy systems.

    Staff July 5, 2016
  • Fact or Fiction: How do energy costs in Maine stack up to the nation?

    James McCarthy June 27, 2016

    Maine has the lowest electricity costs in New England. So why are they so often cited as a problem for businesses both large and small? The simple answer is that many of them compete against companies in regions of the United States where

    James McCarthy June 27, 2016

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Today's Poll

Does cruise ship season help your business?
Choices
Poll Description

Sponsored by Kennebunk Savings Bank

Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.

This week alone, Portland is set to welcome around 16,000 cruise ship passengers.

But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.

When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.

More than half of the respondents, 53%, said cruise ships benefit the overall economy.