A trio of headlines this week point to an unaffordable future for fossil energy. Firstly, in the coldest week of winter, prices of both kerosene and home heating oil jumped 7 cents per gallon, while propane (in short supply) jumped 10 cents per gallon. Read more in Mainebiz.
Next, the great hope of cheap natural gas is cracking around the edges as the Augusta Civic Center discovered after having a natural gas pipeline extended there, that several of its propane boilers cannot be converted to burn natural gas and must be replaced at a cost of $150-250K. Read more in Mainebiz.
Meanwhile, Unitil has asked the Public Utilities Commission to permit it to hike rates by 10.4% to cover higher-than-expected commodities costs for natural gas. If approved, this would narrow the margin of savings down to 8% (over last year) for customers who converted from oil to gas. Read more in Mainebiz.
Image credit: Kay Mann