A line-by-line case study of two high-priced portfolios, comparing fixed, variable and capital costs against forecasts of regional market prices.
A multi-billion-dollar wave of utility...
The Maine Public Utilities Commission (PUC) has agreed to hear a complaint by employees of an industrial customer of Central Maine Power Co. (CMP). The employees allege unfavorable pricing actions against their employer, Yorktowne Paper Mills, including denial of service at the requested voltage. The complaint asks for reparations for prior overcharges.
Unable to agree as to whether the individual employees met the definition of an "aggrieved" party, as identified in the statute governing such complaints, the PUC decided to review the charges under its own broad authority to investigate utility actions. Chairman Welch concurred that "a petitioner's asserted derivative interest as an employee of the more directly harmed employer satisfies the requirement that he or she is 'aggrieved' within the meaning" of the statute. Yorktowne Paper Mills of Maine v. Central Maine Power Co., Dkt. No. 95-224, June 5, 1996 (Me.P.U.C.).
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