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Is the Heat Pump Push a Conspiracy | Portland Maine News
Description
Is the heat pump boom a sneaky corporate plot? Some are asking if utilities like Central Maine Power are pushing electric heat pumps to regain lost market share — especially as oil prices soar and electricity rates climb. While heat pumps are efficient and popular in Maine, their cost advantage hinges on oil staying expensive and electricity staying cheap — a fragile equation. As rates rise and rebates pour in, skeptics wonder who’s really winning: homeowners or the utilities.
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