Title

Central Maine Power Co. (CMP) is participating in a pilot program in New Hampshi

Source

Casco Bay Weekly

Date

9-12-1996

Pages

1, 8-11

Abstract

Central Maine Power Co. (CMP) is participating in a pilot program in New Hampshire that seeks to transform the state's electricity business into a deregulated, openly competitive market. The Maine Public Utilities Commission (PUC) this year released a report outlining electric utility restructuring in the state, and public hearings on the plan are scheduled to begin next week. Stranded costs, the long-term financial obligations and investments incurred by electric utilities in laying the power infrastructure, are expected to be a big issue, and the PUC report fails to mention who should bear those costs. Maine's electric bills are among the highest in the nation, and some observers believe the PUC is partly responsible for CMP's high energy costs and bad investments. Details, related article on the Maine Yankee nuclear power plant, and how its shutdown could impact electricity costs.

Subjects

Central Maine Power Company

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