Maine PUC designates $158.2 million for efficiency funding for Maine residents, businesses
The Maine Public Utilities Commission (Commission) announced that it has approved $158.2 miillion in funding for energy efficiency for Maine residents and businesses. This funding, which will be administered by the Efficiency Maine Trust (EMT), efficiencymaine.com, was approved unanimously and is effective for the period beginning July 1, 2019 through June 30, 2022.
The trust is the independent administrator for programs to improve the efficiency of energy use and reduce greenhouse gases in Maine. The Trust does this primarily by delivering financial incentives on the purchase of high-efficiency equipment or changes to operations that help customers save electricity, natural gas and other fuels throughout the Maine economy. The Trust is a quasi-state agency governed by a Board of Trustees with oversight from the Maine Public Utilities Commission.
A summary of some of the major areas to be funded by the approved Plan, and the associated funding amounts, include:
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