Maine Has High Energy Cost. Can Maine Residents Lower Electric Bills Soon?

by henryvigeant | on February 16, 2013

Here is a controversial topic. For ten years Maine has been trying to be deregulated. Why is this difficult? Maine has one of the highest electric bills in the nation.

Maine Energy News

We According to Steve Ward, Maine Public Advocate,” Nuclear energy is not an option in the near future.”
Deregulation gives the hope of lots of choices. As for Maine Energy deregulation this has only been true for big industrial markets. Maine Residents pay an average of 30% higher energy cost than the rest of the Nation. Energy is not equal nationally and never will be.

Why? Maine lacks natural energy resources. North Dakota has wind. Washington state has hydro power. New England Regional Rate is suppose to level off the energy rates. Mostly the use of Natural gas, which makes up 40% of the fuel used. So the electrical cost will vary on the cost of Natural gas.

If you are a Maine energy consumer you may be glad you now have a new choice. In the second Quarter of 2013 this may all change for Maine. North American Power is now licensed to do business in the state of Maine. This will be the 11th state open for the #57 Most Prospering Company (Forbes).  Already saving 225,000 customers money on there bill, while introducing Green energy. Also note that North American Power as unlimited credit line with British Petroleum for natural gas. So savings should be very good. Feel good about those savings when you know your state with reducing green house gases by using a  renewable energy.

New Hampshire residents are now saving 2.3 cents per KWH and customers are leaving PSNH by the thousands.

Here is the WNBC report for New York’s Con Edison customer choosing North American Power.

For More information on how to lower your bill or get employment through North American Power call Henry Vigeant 1-603-740-0077

Check your rates at http://powerbygreenenergy.com

US Could Be Top Oil Producer This Year

by henryvigeant | on January 19, 2013

January 18, 2013

The U.S. could become the largest producer of oil this year, seven years earlier than expected, a recently published BP report predicts. In less than 20 years, it will be 99 percent self-sufficient in net energy. We’ve read the tea leaves, and they foretell a new world order:

Techniques such as horizontal drilling and hydraulic fracturing—or “fracking”—have redrawn North America’s energy landscape, unlocking vast reserves of shale gas that were long thought uneconomic. The shale boom has fueled a near-20 per cent rise in US gas production over the past five years.

Overall, US oil production rose by 760,000 b/d last year—the largest annual increase since crude oil started to be pumped commercially in the US in 1859. BP said the US will overtake Russia and Saudi Arabia to become the world’s largest oil producer this year, on the back of higher tight oil and biofuels production and expected cuts in Opec supply.

Prior to the BP report, it was thought that the U.S. would lead oil production only by 2020. The fact that we’re already there is a reflection of the rapid pace of the shale energy boom.

We are now speeding into the arms of a world that has a lot going for it compared to the old one. The American economy could soon be sitting pretty on a heap of new energy industry jobs and on the new revenues that will inevitably flow from natural gas exports.

As other countries begin to access their own sizable shale energy reserves, Russia and the Gulf region will lose their leverage over geopolitics. A new, more balanced world order will emerge, with the U.S. at its helm.

Greens will even be able to rest easier, as shale oil and gas are both much friendlier for the environment than coal.

Still, there is no “happily ever after.” There will be pitfalls, but the pitfalls of a generally wealthier, calmer, and greener globe are the kinds of challenges we like to see.

This story come from The American Interest Blog.

Thank you , a great story.

Henry Vigeant