Peaks Renewables, a subsidiary of Summit Utilities, launched in Maine in 2013 when it began building a natural gas system there. Between 2013 and 2019, the company invested more than $340 million to make natural gas available in Kennebec Valley, Cumberland, Falmouth, and Yarmouth, installing over 250 miles of pipeline and offering $3 million in energy-efficiency rebates to help customers transition from oil to natural gas. Switching from oil to …
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