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Energy & Utilities

  • Unitil asks PUC for midwinter rate hike

    January 28, 2014

    Unitil Corp., Maine’s largest natural gas company, is seeking approval from the Maine Public Utilities Commission for a mid-winter rate hike that would add approximately 27 cents to the rate that was approved last fall.

    January 28, 2014
  • Home heating fuel prices soar in Maine

    January 28, 2014

    With low temperatures today ranging from -9 degrees Fahrenheit in Houlton to 10 degrees Fahrenheit in Bar Harbor, this week’s heating fuel price survey conveys some unwelcome news: The cost of a gallon of home heating oil jumped 7 cents in the pas

    January 28, 2014
  • Verso acquiring Bucksport power plant

    January 27, 2014

    The Verso Paper Corp. is purchasing a controlling interest in Bucksport Energy LLC, a power-generation plant that sells most of its power to the Verso mill in Bucksport and the rest to the ISO New England power grid.

    January 27, 2014
  • Shareholders approve sale of Oxford Networks

    January 24, 2014

    Shareholders of the Lewiston-based Oxford Networks have approved the company’s sale to the Montreal private equity firm Novacap as the company prepares to release details of an expansion at its Brunswick data center.

    January 24, 2014
  • Great Northern Paper halts production, retools

    January 24, 2014

    Great Northern Paper Co.

    January 24, 2014
  • Electricity rates to increase for small business

    January 23, 2014

    Residential and small business customers in the Central Maine Power Co. and Emera Maine service areas could see a more than 10% increase in their standard offer electricity prices.

    January 23, 2014
  • New England leaders craft regional power plan

    January 23, 2014

    The six New England governors are asking the region’s power grid operator to expand natural gas pipeline capacity by 20% in three years and to seek proposals for new electricity transmission lines connecting New England to southeastern Canad

    January 23, 2014
  • Bill seeks to boost solar energy in Maine

    January 22, 2014

    A bill sponsored by state Sen.

    January 22, 2014
  • Kennebec Valley gas projects have cost for water utilities

    January 20, 2014

    Water utilities in the Kennebec Valley said requests to review natural gas pipeline installation sites in 2013 have brought on new costs, delayed some planned infrastructure improvements and could make future maintenance more costly.

    January 20, 2014
  • Environmental groups laud solar bill support

    January 16, 2014

    A bill that would elevate solar power development in Maine was expected to be a priority at a news conference late this morning held at the Senate House Welcome Center by The National Resources Council of Maine and a coalition of 27 other environm

    January 16, 2014
  • PUC approves UMaine wind project term sheet

    January 15, 2014

    In a 2-1 vote Tuesday, the Maine Public Utilities Commission gave preliminary approval to a term sheet for the Maine Aqua Ventus 1 pilot offshore wind energy project.

    January 15, 2014
  • Verso Paper's Bucksport mill idled for two weeks

    January 13, 2014

    Verso Paper Corp. plans to shut down its Bucksport mill for two weeks in response to soft market demand for its paper and a spike in the cost of natural gas.

    January 13, 2014
  • Summit to pay for delays in natural gas delivery

    January 9, 2014

    Summit Natural Gas will pay for the savings its municipal customers in Augusta would have experienced had the company met a Nov. 1 installation deadline for two city projects to convert to natural gas.

    January 9, 2014
  • Heating fuel prices continue to rise

    January 8, 2014

    Home heating fuel prices continue to rise as winter storms hamper deliveries and temperatures continue to dip to chilling lows around the state and region.

    January 8, 2014
  • Globe Manufacturing buys Falcon Footwear

    Darren Fishell January 7, 2014

    Firefighter-suit maker Globe Manufacturing has risen from minority owner to full owner of the Auburn-based Falcon Performance Footwear in a deal both companies say will be mutually beneficial.

    Darren Fishell January 7, 2014
  • 10,500 without power after wind, freezing rain

    January 6, 2014

    Freezing rain and heavy winds have knocked out power for around 10,500 customers in the state.

    January 6, 2014

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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.