Central Maine Power Co. (CMP) is now seeking an additional $6.7 million rate in

Source

Portland Press Herald

Date

9-9-1993

Pages

1A, 12A

Abstract

Central Maine Power Co. (CMP) is now seeking an additional $6.7 million rate increase, bringing its total request for higher rates to $88.7 million. The request follows CMP's loss of the business of the Madison Electric Works, which accounts for 3 percent of CMP's sales. Some observers see CMP's loss of the Madison utility's business as the beginning of a death spiral, as larger users abandon the company in search of cheaper sources of electrical power.

Subjects

Central Maine Power Company, Electric utilities Rates

Full text is not available here. Please contact the Library for a copy of the article.

Share

COinS