Maine Legislature Mulls Reducing Electric Rates for C&I Customers

A bill (LD 1398) that would reduce the rates paid by Maine’s commercial and industrial electricity customers failed to gain traction at a session of the state legislature’s Joint Standing Committee on Energy, Utilities, and Technology on January 7. Sponsored by Sen. Garrett Mason (R-Lisbon), … Read more…

RGGI Revenues ‘Will Return’ $2 Billion in Energy Savings

RGGI Revenues ‘Will Return’ $2 Billion in Energy Savings

Investments made in energy efficiency, clean and renewable energy, and other strategic energy programs from proceeds from cap-and-trade program Regional Greenhouse Gas Initiative‘s CO2 allowance auctions will return more than $2 billion in lifetime energy bill savings to more than 3 million participating households and … Read more…

Northeast Greenhouse Gas Cap Reduced

Northeast Greenhouse Gas Cap Reduced

The Regional Greenhouse Gas Initiative (RGGI) said that the 2014 RGGI cap is 91 million tons, a 45 percent reduction to the RGGI CO2 cap. RGGI is a compact among nine northeastern states to reduce CO2 emissions. Funds are used to promote renewable energy generation … Read more…

Vermont Efficiency Programs Gets $3.3 Million

Vermont Efficiency Programs Gets $3.3 Million

The Northeast’s carbon cap-and-trade program netted Vermont $3.3 million for the state’s thermal efficiency program. Vermont participates in the Regional Greenhouse Gas Initiative (RGGI) as one of nine Northeastern states’ efforts to reduce regional greenhouse gas emissions. Market proceeds are invested in renewable energy and … Read more…

EIA: Northeast Power Increasingly Natural Gas Reliant

EIA: Northeast Power Increasingly Natural Gas Reliant

Lower natural gas prices and regional environmental initiatives are leading natural gas-fired generators to provide a greater portion of the electricity in the northeastern United States, according to the US Energy Information Administration. The Northeast is a combination of two regional transmission organizations: the Independent … Read more…

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