Press Release

Summit Natural Gas of Maine Signs Contract with Skowhegan Savings

AUGUSTA, Maine – Summit Natural Gas of Maine announced Friday that the Augusta-based company has signed an agreement with Skowhegan Savings to supply eight branch locations with natural gas line and utility service. Summit Natural Gas of Maine has been working with Skowhegan Savings to help the financial institution secure a fuel source that will allow them to reduce their energy costs by 30 percent.

“As our new neighbor, we are excited to have them as a customer. Al, Meghan and the entire team at the bank help their customers and the community with financial savings, so we’re proud to be in a position to provide them with savings of at least 30 percent on their energy costs. Every day we continue to help save businesses money on their heating costs and it is starting to have a really positive impact for businesses and residents across the Kennebec Valley and beyond,” said Lynn McInnis, manager, commercial marketing at Summit Natural Gas of Maine.

Skowhegan Savings, founded in 1869, is an independent mutual savings bank dedicated to strengthening the Maine families, businesses and communities it serves. Skowhegan Savings has 15 Maine branches including two locations in Skowhegan, as well as locations in Augusta, Belgrade, Bingham, Dexter, Fairfield, Jackman, Madison, Norridgewock, Phillips, Pittsfield, Rangeley and Stratton.

The locations in Augusta, Fairfield, Norridgewock, Madison and Skowhegan will all convert to natural gas provided by Summit Natural Gas of Maine, with the Augusta and Fairfield branches converting this year.

“As we look toward the future, we need to save on our fixed costs so we can deliver maximum value to our customers and communities. With the savings we will incur thanks to Summit Natural Gas, we can significantly reduce our costs, which will in turn help us achieve our financial goals. I am very pleased that Summit Natural Gas is here to help us,” said John Witherspoon, president of Skowhegan Savings.

Summit Natural Gas of Maine’s construction on the natural gas pipeline is well underway with three construction firms building out the first phase of the company’s planned $350 million Kennebec Valley natural gas transmission and distribution project. Skowhegan Savings joins Inland Hospital, Redington-Fairview Hospital, Sappi Fine Paper North America, UPM Madison and Huhtamaki, as well as many other businesses that have signed contracts with Summit Natural Gas of Maine. In July, Summit Natural Gas of Maine was also selected by the City of Augusta to provide natural gas service to the city’s many municipal facilities and schools.

Construction crews totaling more than 400 workers are working in Augusta and from Pittston to Madison on the installation of 68 miles of steel pipe and 1,500 miles of plastic distribution pipe in various communities throughout the region. To learn more about service areas and the construction project, call (855) 353-4433 or visit www.summitnaturalgasmaine.com.

Summit Utilities, Inc., the parent company of Summit Natural Gas of Maine, operates 20 natural gas districts throughout Colorado and Missouri, and specializes in providing natural gas to areas that are either hard to serve or that aren’t being served. These districts represent approximately 40,000 customers, $292 million dollars in assets, 400 miles of high-pressure steel main lines and approximately 1,500 miles of polyethylene gas main lines.

FOR MORE INFORMATION:

Website: summitnaturalgasmaine.com
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