CLICK THE IMAGE to see why natural gas coming to Augusta is no small thing. According to Summit Natural Gas, which has Maine headquarters in Augusta, residential customers who switch from heating oil to natural natural gas will save about $1,500 in year-round energy costs. The blue flame you see when burning natural gas is a sign of nearly perfect combustion, producing only heat, water and carbon dioxide — about 30 percent less carbon dioxide than oil and about 15 percent less than wood. And, unlike burning wood, it produces almost no emissions damaging to your health or the environment.
Those are pretty impressive savings in the residential sector, and as you might imagine, here in the commercial property sector we’re pretty happy about natural gas as well. For one thing, the Central Maine Commerce Center and its owner, Dirigo Capital Advisors, are together perhaps the single largest provider of commercial real estate space in Kennebec Valley. To offer a steady and affordable energy supply --- without the volatility of wildly fluctuating oil prices --- gives us a competitive advantage nearly unmatched in the state of Maine. As Kevin Mattson explains in the video, this bodes very well for long-term economic expansion in the heart of Maine.