Sponsored by:   Efficiency Maine & Norway Savings Bank

When:  Thursday, October 28, 2010  |  Time:  7:30 – 9:00 AM
Where:  Events on Broadway, 729 Broadway Street, South Portland, ME

About the Event:

Join us on Thursday, October 28, 2010 at Events on Broadway, as our panelist, executive director of the Efficiency Maine Trust, Michael Stoddard, discusses the new direction of Efficiency Maine.

The recent edition of Mainebiz declared Efficiency Maine “open for business.”  The independent trust, which administers statewide programs to promote cost-effective energy efficiency and alternative energy across Maine, has backed up this claim by issuing $10.5 million in grants to 113 commercial, industrial, and municipal consumers in the past two months.  As with all funding from the Efficiency Maine, the grants will be used to improve the energy efficiency and diversify the energy (e.g., heating) systems of buildings in the state.

Michael Stoddard, Efficiency Maine’s new executive director, will describe the organization’s new direction, including moving to an “All Fuels” approach to lower consumers’ thermal (oil and gas) as well as electric energy costs, and the aggressive new “Whole House” approach to improving residential properties.  Stoddard will report on the tremendous customer demand for rebates from the Home Energy Savings Program, and the emerging “PACE-style” financing to help homeowners cover the balance of costs for air sealing, insulating, and upgrading the heating system.

On July 1 of this year, responsibility for administering these programs was transferred to the Efficiency Maine Trust, led by a diverse, 9-member stakeholder board of trustees. Pursuant to targets and guidance provided in legislation, the trustees developed and approved a Triennial Plan and the Public Utility Commission, which retains oversight authority for the programs, has approved the plan.  Stoddard will review key elements of the Plan related to real estate sales and development and entertain a discussion on program directions for the year ahead.

Registering for this Event: 
Ticket Prices:  Members:  $40 pp |  Non-Members:  $50 pp
Register After October 21st:  Members:  $50 pp   | Non-Members:  $60 pp

For more information and to register:  Register online by clicking here.  An RSVP is requested on or before October 21, 2010.  Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after October 21, 2010.  

Founded in 1985 and celebrating its 25th Anniversary, MEREDA is an organization of commercial real estate owners, developers and related service providers, whose mission is to promote an environment for responsible development and ownership of real estate throughout the State of Maine.