Primary Benefits of Triennial Plan VI

The Triennial Plan outlines many benefits for Mainers including lower energy bills, suppression of electricity rates, and advancing carbon reduction targets.

Key Metrics Forecasted to Be Delivered By the Plan

The key benefits of the plan include:

  • lowering overall energy bills for Maine homes and businesses;
  • implementing, for the first time, Beneficial Electrification Policy Act (BEPA) to help suppress Maine’s electricity rates over the long term;
  • expanding initiatives to help manage costs of electricity by managing time of use for electronic equipment and avoiding periods of peak demand.
  • significantly advancing carbon reduction targets (set in Maine law) to mitigate, and improve resilience to, the harmful impacts of climate change;
  • putting Maine on a path to energy independence and insulating Maine consumers from volatility of global energy prices; and
  • promoting investment in upgrades to Maine’s building sector and transportation equipment.

More Information 

For the full Triennial Plan, please click here.

For a summary of the Primary Benefits of the Triennial Plan, please click here.