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Michael Stoddard

Takeaways from the 2025 Mainebiz CEO Forum in Bangor

The event featured a panel discussion on "60 ideas in 60 minutes," moderated by Deb Neuman, president and CEO of the Bangor Regional Chamber of Commerce.

Efficiency Maine boosts incentives for commercial electric vans

Enhanced rebates up to $14,000 are available through April 30, 2026, on the purchase of new commercial electric vans.

Rebates on electric vehicles still available for some Maine buyers

The federal tax credit program for electric vehicle purchases expired Sept. 30, but individuals that qualify for an Efficiency Maine program can still take advantage of rebates.

Regulators approve Efficiency Maine’s growth plan, but federal policies cloud future

The chief impact of federal action that is already happening is the delay in the trust’s expansion of its loan program for energy upgrades to homes and businesses.
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🔒Marketplace for heat pumps will heat up

Maine is making headway in its electrification goals, with the big goal for 2025 being to facilitate the transition to heat pumps.

🔒Pumped up on heat pumps: Maine leads the nation on installations

Air-source heat pumps are gaining traction in Maine. After meeting its goal to install 100,000 units two years early, the state has a target of 175,000 more heat pumps by 2027.

Heat pump rebate increase is about climate, money, jobs, Mills says

Rebates for those installing high-efficiency heat pumps to replace oil heat recently doubled as part of the governor's initiative to have 100,000 heat pumps heating and cooling homes and businesses by 2025 in Maine.
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