Bangor Hydro Electric Company and Maine Public Service Company announce Heat Pump Pilot Program
Monday, October 15, 2012
Bangor, ME-- Bangor Hydro and Maine Public Service are rolling out a heat pump program for up to 500 customers in each service territory. The Heat Pump Pilot is designed to save customers money as the winter heating season quickly approaches. The program offers financial incentives for residential and small commercial customers to purchase and install energy efficient heat pumps.
Rebates of $600 are available for the first 330 customers who commit to the program. On-bill financing will be available for up to 500 customers in each service territory.
The Heat Pump Pilot Program is intended to encourage the use of efficient heat pumps as a supplemental heating source in those areas of your home or business where you spend the most time.
"Heat pump technology isn't new, but newer units are rated to perform much better in cold climates," said Gerry Chasse, President and COO of Bangor Hydro Electric Company and Maine Public Service. "New, energy efficient units can be a very cost-effective, supplemental heat source, providing as much as 80 to 90 percent of the necessary heat over the winter months at less than half the cost of oil."
Customers can find details of the program, including the application, heat-pump specifications and registered installers at bangorhydro.com or mainepublicservice.com or by calling Bangor Hydro's customer service center at 207-947-2414 or 800-499-6600 or Maine Public Service's customer service center at 207-760-2300 or 877-655-4448.
Bangor Hydro Electric Company and Maine Public Service are regulated electricity
transmission and distribution utilities wholly-owned by Emera Inc. Halifax,
NS (EMA-TSX. Bangor Hydro serves 117,000 customers in an area encompassing 5,275
square miles in eastern and east coastal Maine, and 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. Maine Public Service serves
approximately 36,000 electricity customer accounts in Northern Maine.
To learn more visit our websites at www.bangorhydro.com
and www.mainepublicservice.com.
Emera Inc. is an energy and services company with $7.4 billion in assets and 2011
revenues of $2.1 billion. The company invests in electricity generation, transmission
and distribution, as well as gas transmission and utility energy services.
Emera's strategy is focused on the transformation of the electricity industry to
cleaner generation and the delivery of that clean energy to market. Emera has
interests throughout northeastern North America, in three Caribbean countries.
More than 80% of the company's earnings come from regulated investments.
Emera common and preferred shares are listed on the Toronto Stock Exchange and
trade respectively under the symbol EMA, EMA.PR.A, and EMA.PR.C. Additional
information can be accessed at www.emera.com,
www.sedar.com,
or on www.sec.gov.
