Maine energy consumers win with New England Clean Energy Connect, a new source of clean, affordable and reliable energy to power Maine's economy at no cost to Maine's utility customers.
ENERGY COST SAVINGS
Maine customers will save over $40 million annually for the next 20 years through lower electricity costs.
A CLEAN ENERGY LEADER
NECEC will deliver up to 1,200 megawatts of clean, reliable hydropower directly to Lewiston, Maine, making it one of New England's largest sources of renewable energy.
NECEC will spur additional economic growth in Maine adding a total of $564 million to the state's Gross Domestic Product due to infrastructural investments. In addition, NECEC will expand fiberoptic cable in Somerset and Franklin County and much needed economic development for Western Maine.
Maine's carbon emissions will be reduced by nearly 265,000 metric tons of CO2 annually. The project reduces air emissions in New England by 3 million metric tons. A cleaner environment is better for our health and our economy.
A GOOD FIT IN MAINE'S WORKING LANDSCAPE
NECEC follows a corridor that is fully owned by Central Maine Power. It includes 50 miles of commercial, working forest and 95 miles of existing transmission corridor. This route means fewer impacts to the environment. NECEC has signed a Memorandum of Understanding with Somerset County-based nonprofit Western Mountains & Rivers Corporation for investment in western Maine conservation and nature-based tourism infrastructure.
NECEC will provide 1,700 construction jobs on average annually through 2022, primarily in western Maine counties that need jobs.
Maine communities that host the project will be paid over $18 million in increased property tax revenues annually with the largest share going to western Maine communities in Androscoggin, Franklin, and Somerset counties.
Diversifying the region's energy supply mix with dependable hydropower will buffer Maine consumers from seasonal energy price spikes.