Docket UE20722 IN THE MATTER of an application by Maritime Electric Company, Limited for approval of 2015 Capital Budget. Notice of Application TAKE NOTICE that Maritime Electric Company, Limited ("Maritime Electric" or the "Company") has filed the 2015 capital budget for the approval of the Island Regulatory and Appeals Commission (the "Commission"). 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. DETAILS The Company is seeking approval for capital expenditures of $26,873,000 which it states are necessary to ensure the provision of cost effective, safe and reliable service to customers. The planned capital expenditures are broken down as follows: Corporate Area Amount Generation 1,210,000 Distribution 16,774,000 Transmission 7,690,000 Corporate 944,000 Capitalized General Expense 455,000 Interest During Construction 200,000 Less: Customer Contributions (400,000) Net Capital Expenditures $26,873,000 The planned capital expenditures do not have any immediate impact on electricity rates.  Currently, electricity rates have been established by legislation, Electric Power Act.  These planned capital expenditures and their impact on annual depreciation charges, which does impact rates, have been incorporated into legislated rates announced as part of the Energy Accord. HOW TO SEE THE APPLICATION A complete copy of the application, including a detailed breakdown of planned expenditures, can be obtained by clicking here.  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, September 19, 2014. 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 Friday, September 5, 2014. Questions posed to Maritime Electric must be answered by the Company, in writing, on or before Friday, September 19, 2014. Copies of both written questions and written answers must be copied to, or filed with, the Commission not later than Friday, September 26, 2014 in order to be considered. FOR ADDITIONAL INFORMATION Additional information on the application can be obtained by contacting Maritime Electric at 629-3756. Written communications should be forwarded to: S.D. Loggie, CA Vice-President, Finance & Chief Financial Officer Maritime Electric Company, Limited P.O. Box 1328 Charlottetown, PE  C1A 7N2 J.M. Lanigan, CA Regulatory Services Island Regulatory & Appeals Commission P.O. Box 577 Charlottetown, PE  C1A 7L1 email: info@irac.pe.ca DATED at Charlottetown, this 7th day of July, 2014. Posted: 2014/07/09 * The Adobe Acrobat Reader is required to view and print PDF documents. The Reader can be downloaded free of charge from Adobe Systems Incorporated by clicking here.