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Energy & Utilities

  • 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

  • Monhegan gets electricity grid grant

    December 20, 2012

    The U.S. Department of Agriculture has awarded Monhegan Island a $420,000 grant to improve its electricity grid.

    December 20, 2012

  • Maine bottom in Forbes rank for third time

    December 13, 2012

    Forbes magazine has again ranked Maine last in its list of the best states for business.

    December 13, 2012

  • UMaine project gets $4M offshore wind grant

    December 13, 2012

    The federal Department of Energy will provide up to $4 million to an offshore wind project at the University of Maine.

    December 13, 2012

  • CT, ME water cos. close on merger

    December 11, 2012

    A Connecticut company announced Monday that it has closed on its acquisition of Biddeford and Saco Water Co. for an undisclosed price.

    December 11, 2012

  • MaineHousing distributes $10.7M in heat payments

    December 4, 2012

    More than 19,000 low-income households received fuel deliveries under the Low Income Home Energy Assistance Program, following the first round of heating assistance payments of $10.7 million distributed late last week by MaineHousing.

    December 4, 2012

  • County studies market for grass biofuel

    December 3, 2012

    Northern Maine researchers are eyeing production of grass biomass from the St. John Valley as a way to provide sustainable heating for the region and state.

    December 3, 2012

  • Emera's ME utilities seek merger

    November 30, 2012

    Bangor Hydro Electric is seeking an official merger with its sister subsidiary, Maine Public Service, which is the third largest transmission and distribution utility in the state.

    November 30, 2012

  • Searsport hearings extended

    November 30, 2012

    The Searsport Planning Board will on Friday hold its fifth consecutive public hearing this week to take comments on a controversial proposal to build a $40 million gas tank in town, according to

    November 30, 2012

  • Summit starts courting Augusta-area towns

    November 30, 2012

    The battle to provide natural gas to Augusta and central Maine continues between two companies fighting for a natural gas contract with the state.

    November 30, 2012

  • CMP parent's credit rating falls

    November 29, 2012

    Standard & Poor's Rating Services dropped the credit rating of CMP's Spain-based parent company, Iberdrola, as a result of Spain's faltering economy.

    November 29, 2012

  • Tank opponents get status in Searsport hearings

    November 27, 2012

    The leading opponents of plans for a 23-million-gallon liquid propane tank in Searsport will play a special role in the project's local approval process after a planning board decision Monday, the

    November 27, 2012

  • Lawsuit aims to halt wind farm expansion

    November 27, 2012

    A Farmington nonprofit has filed a lawsuit against the U.S. Army Corps of Engineers for its approval of a permit for a wind farm expansion in the northwest portion of the state.

    November 27, 2012

  • PUC thrice awards FairPoint embattled contract

    November 26, 2012

    FairPoint Communications has for a third time received an embattled state contract to upgrade Maine's emergency 911 call system.

    November 26, 2012

  • River power target of ORPC expansion

    Darren Fishell November 26, 2012

    The Portland-based Ocean Renewable Power Co. made North American history in September when its 176,000-pound tidal-power generator pumped electricity from Cobscook Bay to a commercial grid for the first time.

    Darren Fishell November 26, 2012

  • CT water co. sets $4.8M budget for ME acquisition

    November 20, 2012

    The Connecticut company planning to acquire the Biddeford and Saco Water Co. on Monday approved a $4.8 million budget for the Maine facility as part of an overall $31.3 million spending plan.

    November 20, 2012

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Today's Poll

Is your business affected by the government shutdown?
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 affect the economy.

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