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$158.2M in Efficiency Funding Approved - All Cost-Effective Programs for Maine Residents and Businesses are Funded

May 15, 2019

Hallowell, Maine - May 15, 2019 - The Maine Public Utilities Commission (Commission) announced today that it has approved $158.2 Million in funding for energy efficiency for Maine residents and businesses. This funding, which will be administered by the Efficiency Maine Trust (EMT) was approved unanimously and is effective for the period beginning July 1, 2019 through June 30, 2022.

"We reviewed the EMT plan carefully and evaluated the cost-effectiveness of all proposed measures" said Commissioner Williamson. The Commission approved funding for all of the measures that it determined would likely be cost-effective over time. Because some of the measures that were included in the EMT plan were not cost-effective, those measures did not receive funding. Commissioner Davis added that the cost-effective measures do include programming for low income customers as well as commercial and industrial customers. The industrial measures we reviewed will hopefully make that sector even more competitive in this global economy.

A summary of some of the major areas to be funded by the approved Plan, and the associated funding amounts, are detailed below.

Residential Efficient Heat Pumps: $18 million Air Sealing and Insulation: $4.6 million

Commercial and Industrial Efficient Heat Pumps: $1.2 million Efficient Boilers: $2.8 million Efficient Drives and Pumps: $9.8 million Custom Measures (for customer-specific projects): $10.3million

Efficient Lighting (for all customer classes) $45.2 million

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About the Commission The Maine Public Utilities Commission regulates electric, telephone, water and gas utilities to ensure that Maine citizens have access to safe and reliable utility service at rates that are just and reasonable for all ratepayers. Commission programs include Maine Enhanced 911 Service, and Dig Safe. Bruce Williamson and Randall Davis serve as Commissioners.

Learn more about the Commission at www.maine.gov/mpuc

Press Contact Name: Harry Lanphear, Administrative Director Phone: (207) 287-3831 Email: Harry.Lanphear@Maine.gov