Economist calls CMP pricing irrational in Maine hearing
AUGUSTA AP The Maine Public Utilities Commission opened its third CMP rate case round as economist William J. Gillen urged charging by actual cost of service. He proposed time of day, voltage, and season based pricing, saying the current dry formula induces waste and masks true costs. CMP argued revenue predictability would suffer, while Gillen noted the plan could shift usage toward more efficient generation and even nuclear power.
MENTIONED IN THIS ARTICLE
Augusta
Maine
State Public Utilities Commission
Central Maine Power Company
PUC
CMP
William J. Gillen
Madison
Wis
Gillen
State Attorney General's Office
PAC
Ile
Commission
Gilen
Businessmen urge Maine to save Loring base
At Limestone High School a hearing before nine members of Congress examined the Air Force plan to cut 80 percent of Loring Air Force Base manpower. Local officials warned of bank foreclosures and job losses for Aroostook County if the base closes.
MENTIONED IN THIS ARTICLE
Loring Air Force Base
Russell Morton
Limestone High School
Maine
Loring
Maj
D.J. Gallington
Morton
Air Force
Limestone
Loring Air Orce
Mgr
Terry St
Russell S. Morton
Emilien Levesque
Aroostook
Thomas McGillicuddy
The
Small Business Administration
Alewives to Star in Maine Clean Water Project
In Newcastle and Damariscotta Maine state biologists plan a novel 22 000 dollar test to stock Damariscotta pond with 500 to 700 aquariums kept alewives to eat algae and zooplankton while later releasing young fish to hatch and migrate to the sea the aim is to cut phosphorus and nitrogen levels and curb taste odor from chlorine with potential expansion to other water supplies.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Newcastle
Damariscotta
Little Pond
U.S. Environmental Protection Agency
Atlantic
Maine Department of Environmental Protection
Department of Marine Resources
Barry Mower
Dep’s Lakes
Mower
Maine business regulator Gelder resigns for Fed post
Maine Business Regulation Commissioner Ralph H. Gelder resigns to become associate director of bank supervision at the Federal Reserve Board in Washington. Gelder, 39, told Gov. James B. Longley of his decision, leaving after less than five months in a $25,500 annual post. Longley supported the move as a professional challenge and noted salary concerns for top state officials. Gelder has overseen banking, insurance, consumer protection and real estate agencies.
MENTIONED IN THIS ARTICLE
Augusta
Maine
Ralph H. Gelder
Federal Reserve Board
Washington
Gelder
James B. Longley
Longley
Portland to seek fact finding over firemen wage dispute
Portland officials plan to take a wage dispute with city fire fighters to a state fact finding panel after the union threatened a Friday noon walkout. Local 740 IAFF, 250 members, last week voted to strike and meet again this morning to finalize plans or ratify a new contract.
MENTIONED IN THIS ARTICLE
Portland, Maine
Portland
International Association of Fire Fighters
Merton Rutherford
Lou Hannigan
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