AUGUSTA, Maine (AP) - A study commissioned by the state of Maine shows that increasing the natural gas pipeline capacity into New England would have significant cost benefits for the state’s electricity customers.
The report says that reducing the price of natural gas in New England closer to what it costs where it’s produced could save the region’s electricity customers more than $1.5 billion a year and Maine customers more than $120 million a year.
Chairman of the Maine Public Utilities Commission Tom Welch says the report “reinforces the need for Maine, and the region, to act quickly to address this vital infrastructure issue.”
New England’s governors announced in January that they’re working together to expand natural gas use in the region. Critics are warning against the over reliance on natural gas.
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