The high cost of shipping imported liquefied natural gas through a terminal in Massachusetts is a key factor that drove Maine’s electricity rates to record levels last winter.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine, News
Rate hike approvals add to rising bills for CMP, Versant customers
The PUC approved an increase tied to renewable energy policies that will combine with a previous rate hike to raise an average CMP customer’s bill by more than $10 a month beginning July 1.
advertisement
Posted inBusiness, Lewiston-Auburn, News
Lewiston touts new zoning rules aimed at spurring development
Mayor Carl Sheline said the recent changes send ‘a clear message to the state that Lewiston is open for business.’
Posted inBusiness, Nation / World, News
U.S. inflation slows, giving room for Fed to pause rate hikes
The Fed will likely announce that it’s skipping a rate hike but may resume raising rates as soon as July.
Posted inBusiness, Lewiston-Auburn, News
Video: Auburn school turf field sports new Edward Little logo
Photos and video of the Edward Little High School construction project in Auburn.
Posted inBusiness, Maine, News
Farmers whose lands were polluted urge state to disburse PFAS relief funds
The state may begin distributing $60 million in relief funding this summer.
Posted inBusiness, Maine, News
Brunswick coffee shop employees strike for second time
After voting to unionize in November, Little Dog Coffee Shop workers are on strike for the second time in two months, alleging continued unfair labor practices.
Posted inBusiness, Franklin, Livermore Falls Advertiser, News
Livermore Falls voters to consider 3 amended budget articles, 4 ordinances
The referendum on three budget articles that were not tallied April 25 because of errors, will be held from 2-6 p.m. June 20 at the Fire Station. An open town meeting will follow at 6 p.m. for votes on the ordinances.
Posted inBusiness, Noteworthy
Leeds medical center hires new physician assistant
LEEDS — DFD Russell Medical Centers recently hired board-certified physician assistant John Wironen. Wironen received his master’s degree in physician assistant studies from the University of New England in 2021 and spent the past two years as a primary care provider at Sebasticook Family Care in Pittsfield. He also holds a Ph.D. in material science […]
Posted inBusiness, Maine, News
New data suggests Maine bankruptcies are on their way back up
If the current level of filings continues through the end of 2023, Maine’s bankruptcy rate would increase for the first time in over a decade.