The Plan is forecasted to deliver lower energy costs and electricity rate suppression for Maine people and businesses while investing millions in energy efficiency across the state.
April 24, 2025
Augusta, MAINE – The Maine Governor’s Energy Office (GEO) today welcomed the Maine Public Utilities Commission’s (Commission) approval of Efficiency Maine Trust’s Triennial Plan VI, which is projected to lower energy costs for Maine people.
"The approval of Efficiency Maine’s Triennial Plan is welcome news for Maine, ensuring continued support for nation-leading energy efficiency initiatives that save Maine people and businesses money while reducing our overall energy costs," said Dan Burgess, Director of the Maine Governor's Energy Office. "The Plan has been thoughtfully designed to maximize benefits to ratepayers while making key investments in Maine's building and transportation infrastructure.”
The Plan, to be implemented from 2026 through 2028, enables the Trust to continue offering its core energy efficiency incentive programs to Maine people and businesses. On average across the programs funded through the Plan, benefits are found to outweigh program costs by a ratio greater than 3-1.
The Plan is expected to deliver the following benefits to Maine:
- $492 million in suppression of electricity rates
- 38,000 homes heated entirely with heat pumps
- 9,900 homes weatherized
- $43 million invested in small businesses
The Plan takes into account the Maine Energy Plan, released in January of this year, along with Maine Won’t Wait and other state energy and climate initiatives.
Last month, Maine ranked 10th in the nation for most energy-efficient economy, according to the latest scorecard published by the American Council for an Energy Efficient Economy.
For more information about Efficiency Maine’s Triennial Plan, visit the Efficiency Maine Trust website.
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