• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Maine Republicans propose legislation to reduce heating costs
Economy

Maine Republicans propose legislation to reduce heating costs

by January 25, 2023
by January 25, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Republicans in Maine said Tuesday they will propose a host of legal changes to try to cap the surging cost of home heating in the state.

Maine is heavily dependent on heating oil, and the cost of that has doubled over the past two years, Republican members of the state Senate said. All told, electricity rates have increased 165% in recent years, the senators said.

The senators said they will propose reforms to the Maine Public Utilities Commission as well as a number of acts to try to expand options for home energy creation. The announcement came about three weeks after the Maine Legislature signed off on $450 relief checks to help residents with winter heating costs.

Republicans said Tuesday that the relief checks, proposed by Democratic Gov. Janet Mills, don’t address the structural changes the state needs in how it approaches home heating.

‘Skyrocketing energy costs are crushing Maine families and small businesses,’ said Sen. Matt Harrington. ‘Maine people deserve more than a $450 check.’

One of the Republican proposals would promise more transparency and accountability during the bidding process used by the public utilities commission. Another would remove a 100-megawatt limit on hydropower, Harrington said.

Republicans are also planning bills to promote use of geothermal exchange heating and cooling systems, and to allow a variance for outdoor wood boilers. Members of the party said those moves would open up new options for residents.

The GOP also wants to reform the way Maine uses net metering, which is a financial incentive used to encourage solar power. Republicans in the state have often characterized the program as inequitable.

Democrats control both houses of the Maine Legislature as well as the governor’s office, which puts Republican legislation at a disadvantage. However, both parties agree the state needs solutions to bring down the cost of home energy.

Gov. Mills favors a multi-step approach to lowering energy costs that includes diversifying Maine’s energy sources, weatherizing more homes and businesses and installing more efficient heating and cooling technology systems, said Anthony Ronzio, a spokesperson for the Governor’s Energy Office.

‘It is important to note that Maine’s high energy prices are driven by the volatility of global energy markets and made worse by Maine’s overreliance on fossil fuels,’ he said.

This post appeared first on FOX NEWS
You Might Also Like
  • New Hampshire Gov. Sununu signs $15.2B ‘miracle’ budget into law
  • Former Pennsylvania congressman, ‘King of Asphalt’ Bud Shuster dead at 91
  • ApeCoin and Akita Inu: New Daily Targets and Prices
  • Biden admin removing most surveillance balloons at southern border due to cost: sources
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Republicans’ SPR bill leaves Democrats squirming over oil leasing: ‘It’s the process of balance’
next post
DOJ indicts Florida duo for threatening crisis pregnancy centers in wake of Dobbs decision overturning Roe

You may also like

Fetterman blasts pro-Palestinian protesters: ‘Why aren’t you demanding that Hamas...

February 8, 2024

Pelosi ignores Biden’s decision to stay in the race in...

July 10, 2024

Maine public utility project supporter aims to stop vote on...

February 9, 2023

Tim Scott relishes debate ‘contrast opportunity’ to present conservative ‘commonsense...

August 23, 2023

Trump files ‘powerhouse’ motion calling for Special Counsel Jack Smith...

January 5, 2024

EcoHealth Alliance president to testify on COVID origins, Wuhan lab...

May 1, 2024

White House says Biden’s laugh while discussing fentanyl crisis taken...

March 3, 2023

Schumer-aligned group pulled in $270M from secret donors in recent...

July 8, 2023

Embattled GOP Rep George Santos expelled from House

December 2, 2023

Democratic kingmaker Clyburn ‘all-in’ for Biden 2024, issues warning against...

January 19, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Nvidia results spark global chip rally

      May 30, 2025
    • Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

      May 29, 2025
    • Nuclear Power Trio: OKLO, SMR, and CCJ in Focus

      May 29, 2025
    • Analyzing SIL, USO, and NVDA: Could These Bullish Patterns Trigger?

      May 29, 2025
    • E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

      May 29, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,763 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,470 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,449 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,428 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,306 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,104)
    • Investing (538)
    • Stock (2,578)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Nvidia results spark global chip rally

      May 30, 2025
    • Boeing to resume airplane deliveries to China next month, ramp...

      May 29, 2025
    • Nuclear Power Trio: OKLO, SMR, and CCJ in Focus

      May 29, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,104)
    • Investing (538)
    • Stock (2,578)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Gold and Silver: Gold price retreats...

    September 27, 2024

    Trump team responds to allegations of...

    May 21, 2023

    Stanford DEI dean slams invited federal...

    March 11, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here