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Energy & Utilities

  • Natural gas prices spike this winter

    January 28, 2013

    Natural gas prices have increased sharply this winter as a result of increasing demand and an inadequate distribution infrastructure.

    January 28, 2013
  • PUC OKs Statoil offshore wind pilot

    January 25, 2013

    In a split decision, the Maine Public Utilities Commission voted 2-1 to allow Statoil North America to pursue an offshore wind energy pilot project in the Gulf of Maine.

    January 25, 2013
  • Statoil revises offshore wind pilot project

    January 21, 2013

    Amid scrutiny from regulators, the Norwegian company Statoil has revised its plans for its offshore wind pilot project in the Gulf of Ma

    January 21, 2013
  • Maine assets key to CT utility's growth

    James McCarthy January 21, 2013

    In 2012, Connecticut Water Service Inc. became the largest investor-owned water utility in Maine.

    James McCarthy January 21, 2013
  • Wind backers hail credit extension

    Darren Fishell January 21, 2013

    Wind power developers and industry regulators in Maine expect a busy year following the extension of federal tax credits for wind projects.

    Darren Fishell January 21, 2013
  • Casco says 'No' to tar sands pipeline

    January 14, 2013

    Casco on Saturday became the first Maine municipality to oppose the transportation of tar sands oil through an ExxonMobil pipeline extending from Portland to Montreal.

    January 14, 2013
  • Summit wins approval for central Maine pipeline

    January 11, 2013

    State regulators have given the go-ahead to Summit Natural Gas of Maine to build a natural gas pipeline through 17 central Maine communities, the Kenneb

    January 11, 2013
  • Bangor Hydro completes $61M upgrade

    January 8, 2013

    Bangor Hydro-Electric Company has completed its $61 million infrastructure upgrade aimed at providing greater reliability in the Downeast power grid.

    January 8, 2013
  • 2 firms battle over Kennebec Valley natural gas market

    Matt Dodge January 7, 2013

    Despite its modest market demographics, the Kennebec Valley has become the site of a showdown between two natural gas providers vying to supply service to the area.

    Matt Dodge January 7, 2013
  • LePage's energy director to retire

    January 3, 2013

    Kenneth Fletcher, the director of the Governor's Energy Office, will step down from his position as the state's top energy official on Monday.

    January 3, 2013
  • Feds extend wind tax credit in cliff deal

    January 3, 2013

    Wind projects will have another year to qualify for federal tax credits as part of the fiscal cliff deal reached in Congress on Tuesday.

    January 3, 2013
  • C.N. Brown enters electricity market

    December 31, 2012

    C.N. Brown has entered the electricity market, offering to sell power to residential and small-business users for less than the standard offer rate.

    December 31, 2012
  • LePage closes state offices due to snowstorm

    December 27, 2012

    Gov. Paul LePage closed all state offices today in response to a major winter storm that is expected to drop up to two feet of snow on some parts of Maine.

    December 27, 2012
  • Heating oil prices remain stable

    December 27, 2012

    For the second consecutive week, the average statewide price of home heating oil remained at $3.64 a gallon.

    December 27, 2012
  • Brookfield to acquire 19 hydro facilities from NextEra Energy

    December 26, 2012

    Quebec-based renewable energy company Brookfield Renewable Energy Partners L.P.

    December 26, 2012
  • State revenues drop further; a fond farewell

    Mal Leary December 24, 2012

    Revenues continue to underperformCurtailed spending gains momentumSupplemental budget still in fluxThe red ink in state government continued in November, with revenues falling below estimates by $4.4 million.

    Mal Leary December 24, 2012

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Today's Poll

Is your business affected by the government shutdown?
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Poll Description

Sponsored by Kennebunk Savings Bank

The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.

The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible. 

The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.

A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.

But there's growing anxiety over how a protracted shutdown would effect the economy.