CMP to cover part of '08 storm costs
Central Maine Power Co. will have to pick up 30% of the $11 million it cost to restore power to more than 100,000 customers and repair power lines damaged during the December 2008 ice storm, according to a decision made by the Maine Public Utilities Commission.
Two of the three PUC commissioners found the utility did not do all it could or should have done to prevent damage to power lines, which means ratepayers will have to shoulder just 70% of the storm-related costs, according to Capitol News Service. PUC Commissioner Jack Cashman said an independent study indicated the severity of the power outages could have been reduced if CMP had done more tree trimming and removal. CMP, however, argued it should be able to recover all of the costs from the ratepayers.
In casting the dissenting vote, PUC Chairwoman Sharon Reishus said the information before the commission did not conclusively prove the storm's damage was heightened due to CMP's inadequate tree trimming, according to the news service.
Go to the article from Capitol News Service >>
Most Recent
Most Recent
Comments