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Unitil has filed a request with Maine regulators to increase its natural gas distribution rates by 6.3%, starting next year.
The company says the request represents a requested increase of $4.6 million in base revenue for its Maine division. The filing also includes a multi-year rate plan that seeks to recover the company's costs for operational and safety improvements planned for the coming years.
Mark Collin, the company's CFO, said in a press release that because of the low cost of natural gas in relation to oil, approval of the rate increase "[would] not appreciably impact the cost advantage" to customers.
The company is requesting the rate increase to go into effect Jan. 1, 2014.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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