UE20715

IN THE MATTER of an application by Maritime Electric Company, Limited for approval of an amendment to the Company's 2008 Capital Budget.

Notice of Application

TAKE NOTICE that Maritime Electric Company, Limited (“Maritime Electric” or the “Company”) has filed for the approval of the Island Regulatory and Appeals Commission (the “Commission”) an amendment to the 2008 capital budget.

BACKGROUND
Maritime Electric is required, under Section 17 (1) of the Electric Power Act, to submit to the Commission for its approval an annual capital budget of proposed improvements or additions to the property of the public utility. The 2008 capital budget was approved by Commission Order UE07-07 dated October 11, 2007. Since the approval of the original capital budget, Maritime Electric received a request for an expansion of transmission service capacity associated with the West Cape Wind Farm. In addition, the Government of Prince Edward Island has requested the development of a power corridor between Sherbrooke and O’Leary to facilitate its five year economic strategy in this area.

 DETAILS
The Company is seeking approval for an amendment to the 2008 capital budget requesting an increase in capital expenditures of $13,900,000 related to the proposed transmission line and power corridor between Sherbrooke and O’Leary substations.

The planned capital expenditures do not have any impact on rates as the cost of the transmission line and power corridor will be fully offset from contributions received for the Government of Prince Edward Island and West Cape Wind Energy Inc.

HOW TO SEE THE APPLICATION
A complete copy of the application can be obtained by clicking here (546 KB pdf file) .
A copy of the map of the proposed route can be obtained by clicking here (1,856 KB pdf file) .

Any person wishing to obtain a hard copy of the filing can do so by writing to Maritime Electric at the address below.

HOW TO COMMENT AND ASK QUESTIONS
Any person wishing to comment on the filing can do so by writing to the Commission at the address below. In order to be considered, comments must be received by Friday, August 29, 2008. Persons wishing to pose questions to Maritime Electric on the filing may do so by sending their questions, in writing, to the Company on or before Tuesday, August 26, 2008. Questions posed to Maritime Electric must be answered by the Company, in writing, on or before Friday, August 29, 2008. Copies of both written questions and written answers must be copied to, or filed with, the Commission not later than Friday, August 29, 2008 in order to be considered.

FOR ADDITIONAL INFORMATION
Additional information on the application can be obtained by contacting Maritime Electric at 629-3693. Written communications should be forwarded to:

J.W. Geldert
Vice-President, Finance &
Chief Financial Officer
Maritime Electric Company, Limited
P.O. Box 1328
Charlottetown, PE  C1A 7N2

Mark Lanigan, CA
Technical & Regulatory Services
Island Regulatory & Appeals Commission
P.O. Box 577
Charlottetown, PE  C1A 7L1

DATED at Charlottetown, this 18th day of August, 2008.

Posted: 2008/08/18

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