Gov. Paul LePage has signed into law a bill by state Sen. Nate Libby, D-Lewiston, that brings increased transparency and consumer protections to the competitive electricity supply market.
Emera (TSX: EMA), the Halifax, Nova Scotia parent company of Emera Maine, reported net income for the fourth quarter ended Dec.31 was $70 million, compared to $192 million in the fourth quarter of 2015.
Many businesses, colleges, state and local offices and bus services were shut down Monday from the blizzard that dropped more than a foot-and-a-half of snow in most areas. The Portland International Jetport suspended flights until 8 p.m. Monday, it announced on Twitter.
Maine Public Utilities Commission approved Houlton Water Co.'s request to disconnect from Emera Maine's power grid and instead connect to the grid maintained by New Brunswick Power.
In the immediate aftermath this morning of the season's first major snowstorm, Maine's two largest utilities reported more than 100,000 of their customers were without power.
Yarmouth-based Ranger Solar is a big winner in the southern New England states' selection of projects they believe will help them achieve ambitious clean energy goals, being one of four companies selected out of 24 bidders to enter negotiations with Massachusetts, Connecticut and Rhode Island.
Emera Maine is warning customers of a new sophisticated telephone scam that has already cost a number of its small business customers thousands of dollars.