The Maine Public Utilities Commission yesterday approved a plan that will lower

Authors

Source

Portland Press Herald

Date

8-4-1994

Pages

3B

Abstract

The Maine Public Utilities Commission yesterday approved a plan that will lower electric bills for Central Maine Power Co. (CMP) customers while allowing the Fort Fairfield energy plant to continue operating. CMP intially wanted the Finance Authority of Maine to finance the $78 million buyout of its contract with the plant, but now plans to run the plant while cutting operating costs. The paper industry and other large customers wanted the plant closed because of the greater savings, but northern Maine residents complained because they would have lost a major employer. Details.

Subjects

Central Maine Power Company, Fairfield Energy Venture -- Fort Fairfield

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