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Energy & Utilities

  • Maine Yankee awarded $24.6M for continued fuel storage

    April 12, 2016

    U.S. Court of Federal Claims Senior Judge James Merow granted Maine Yankee and its two sister companies a third payment from the U.S. government as damages for the continued storage of spent nuclear fuel at the company's decommissioned nuclear plant

    April 12, 2016

  • Gas prices in Maine remain steady near $2.10

    April 12, 2016

    In the past week, the average price of a gallon of regular gasoline in the state rose by a single cent, bringing the statewide average to $2.10 per gallon.

    April 12, 2016

  • J&S Oil to be acquired by Massachusetts-based energy company

    April 8, 2016

    The assets of J&S Oil — eight Xpress Stop convenience stores with gas stations, two Express Lube auto service stations, three Ultra Clean car washes, a wholesale fuel supply division and a transportation logistics business — have been acquired

    April 8, 2016

  • Maine PUC weighs possibility of Emera audit

    April 6, 2016

    On Tuesday, the Maine Public Utilities Commission announced that it was considering performing an audit of Emera Maine following the utility company's request for a hike in rates it charges customers for costs related to the power lines it uses to

    April 6, 2016

  • Pika Energy receives $25K funding from venture capital

    April 5, 2016

    CEI Ventures Inc., a for-profit venture capital subsidiary of the Brunswick-based Coastal Enterprises Inc., has invested $250,000 in the Westbrook-based clean energy equipment manufacturer Pika Energy, as a part of a new venture capital fund.

    April 5, 2016

  • Gas prices stay above $2 per gallon price point

    April 5, 2016

    In the past week, the average price of a gallon of regular gas in the state rose just short of a nickel, bringing the statewide average to $2.09 per gallon.

    April 5, 2016

  • Saving on energy costs, one gelato flavor at a time

    James McCarthy April 4, 2016

    Fred Horch and Pat Coon, co-founders of Spark Applied Efficiency, have been helping Gelato Fiasco make a lot more gelato in its expanded “flavor foundry” in Brunswick while using a lot less energy and water.

    James McCarthy April 4, 2016

  • Loggers suffer one-two punch with mill and biomass plant closures

    James McCarthy April 4, 2016

    Even in the best of times, logging is not for the faint of heart. “There are so many factors you have to deal with,” said Tom Cushman, owner of Maine Custom Woodlands.

    James McCarthy April 4, 2016

  • TransCanada puts Kibby wind farm on the block

    March 29, 2016

    As part of its effort to finance its $10 billion purchase of the Houston-based Columbia Pipeline Group, TransCanada of Calgary, Alberta, hopes to sell its New England power generation assets, which includes the Kibby wind farm in Franklin County.

    March 29, 2016

  • Gas prices rise, but are still less than a year ago

    March 29, 2016

    In the past week, the average price of a gallon of regular gas in the state rose just short of a dime, bringing the statewide average back to over $2 per gallon.

    March 29, 2016

  • As heating season winds down, prices climb

    March 24, 2016

    The Governor's Energy Office has released the results of its weekly heating fuel price survey and found that for the second time in two weeks, the current statewide average price for No. 2 heating oil has increased.

    March 24, 2016

  • Emera asks for rate hike in 2017

    March 24, 2016

    Emera Maine has asked state regulators for a hike in rates on power lines it uses to connect customers to the grid — a hike that would raise the average monthly bill by 3% in 2017.

    March 24, 2016

  • Politics & Co.: Should utilities be allowed to lease electric heat pumps to customers?

    James McCarthy March 21, 2016

    The question of whether utilities such as Emera Maine should be allowed to lease electric heat pumps to their customers is proving to be as challenging for lawmakers as it was for the Maine Public Utilities Commission.

    James McCarthy March 21, 2016

  • NGL withdraws plans for South Portland fuel depot

    March 18, 2016

    After more than a year of trying to address some South Portland residents' fears of a proposed liquefied petroleum, also known as propane, gas distribution terminal, NGL Energy Partners announced that it has withdrawn its plans to develop the depot.

    March 18, 2016

  • Despite one cent jump, seasonal heating oil prices at lowest point since 2004

    March 18, 2016

    The Governor's Energy Office has released the results of its weekly heating fuel price survey and found that for the first time in several months, the current statewide average price for No. 2 heating oil has increased.

    March 18, 2016

  • Summit Natural Gas drops gas prices by nearly 70%

    March 11, 2016

    Summit Natural Gas of Maine will be dropping the price it charges for gas by 68% to correct for overcollection.

    March 11, 2016

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Today's Poll

Does cruise ship season help your business?
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.

More Information