Old News Archive

Bangor Hydro Electric Company Joins Forces With IRS and Efficiency Maine to Highlight Energy, Tax Savings

March 13, 2007 - TRC

Bangor, ME-Bangor Hydro Electric Company held a press conference today along with the IRS and Efficiency Maine to bring energy and tax savings to customers.

Bangor Hydro Electric Company demonstrated several free services offered to its customers to help them monitor energy use and help control costs.

"We wanted to highlight these services to help our customers understand their energy usage and therefore be able to better manage their bills," said Susan Faloon, Bangor Hydro Communications Officer. "These services are free and we hope people take advantage of them."

Quick Checksm is Bangor Hydro┤s easy-to-use online calculator which allows residential customers to perform a "quick check" of daily electricity use.

Bill Analysis lets customers click on items in their home and see the estimated cost of running each item. It also asks customers to enter information from their Bangor Hydro bill so they can compare an actual bill with this estimate.

Bangor Hydro customers can also request a print out of their meter reading for a specified period of time so they can see how various activities affect daily energy use.

If you have questions about any of these services, call Bangor Hydro's Customer Service at 947-2414 (Bangor area) or 1-800-499-6600 (toll free).

IRS Spokeswoman Peggy Riley encouraged taxpayers to take advantage of energy credits made possible by the Energy Policy Act of 2005.

"Homeowners may be eligible for tax credits for certain energy conscious purchases and home builders may be eligible for up to $2000 in tax credits for building qualifying energy efficient homes," said Riley.

Toben Galvin, Deputy Director of Efficiency Maine gave details about making energy efficient Improvements and how much money homeowners and homebuilders could stand to save.

"Look for the Energy Star label when shopping for air conditioners, refrigerators, lamps and other appliances, and cut your energy bill by as much as thirty percent," said Galvin. "If one household in ten bought Energy Star appliances, the change in greenhouse-gas emissions would be equivalent to taking 1.5 million cars off the road."

Additional information on the programs highlighted in this press conference is available at www.bhe.com, www.irs.gov, or www.efficiencymaine.com.

Submitted by : Susan E. Faloon, Communications Officer, Bangor Hydro-Electric Company: (207)973-2812

Bangor Hydro-Electric Company (BHE) is an electric utility wholly-owned by Emera Inc. BHE serves a population of 192,000 in an area encompassing 5,275 square miles in eastern and east coastal Maine. BHE is a member of the New England Power Pool and is interconnected with other New England utilities to the south and with the New Brunswick Power Corp. to the north. Visit us at www.bhe.com.

Emera Inc. (EMA-TSX) is an energy and services company with $4.0 billion in assets. Electricity is Emera's core business. The company has two wholly-owned regulated electric utility subsidiaries, Nova Scotia Power Inc. and Bangor Hydro-Electric Company, which together serve 590,000 customers. Emera's other investments include a joint venture interest in Bear Swamp, a 600 megawatt pumped storage hydro-electric facility in northern Massachusetts; a 12.9% interest in the Maritimes & Northeast Pipeline ; and Emera Energy Services which manages energy assets on behalf of third parties and provides related services. Visit Emera on the web at www.emera.com.

NOTE - This article reflects the views of the author and not necessarily those of the TRC Alliance Team.