News

Rate shock spurs closer look at energy efficiency for Maine businesses

Mountain Machine Works recently invested in energy efficient lights and motors. Read more about their project in Mainebiz and how Maine businesses can mitigate the impact of electric prices increases with energy efficiency: http://www.mainebiz.biz/article/20141201/CURRENTEDITION/311259994  

Using less is Maine’s only option to dull winter electricity price spike

Maine utility regulators have been warning of a big increase in electricity prices this winter. The problem is that the northeast is heavily reliant on natural gas for electric power generation. With limited pipeline capacity, the region’s growing demand for gas can’t be met. Read the full Bangor Daily News editorial on rising electricity prices and energy efficiency here: http://bangordailynews.com/2014/12/06/opinion/editorials/using-less-is-maines-only-option-to-dull-winter-electricity-price-spike/

Cuddledown upgrades lighting to keep costs down in Yarmouth headquarters

Lighting retrofits are the leading way Maine businesses can blunt a coming rate shock. The space is just a warehouse with boxes of down comforters. There’s no need for intense, always-on lighting. But until this month, the storage area at the Cuddledown factory here was lit with 76 fluorescent light tubes, each rated at 95 watts… To read the complete…

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STATE ENERGY OFFICIALS ENCOURAGE BUSINESS TO PREPARE FOR WINTER AND HIGH PRICES

State energy officials are encouraging Maine businesses to prepare for a sharp rise in electricity prices this winter. According to the Maine Public Utilities Commission, these price increases will be most pronounced for medium-sized business customers on the standard offer, as well as for customers whose electricity price fluctuates with time of use. For example, the price of the electricity…

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