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Docket UE20712
Order No. UE05-04IN THE MATTER of an application by Maritime Electric Company, Limited for approval of a 2005 capital budget.
BEFORE THE COMMISSION
On Friday, the 4th day of March, 2005.
Maurice Rodgerson, Chair
Weston Rose, Commissioner
James Carragher, Commissioner
Anne Petley, Commissioner
Order
UPON reading the application by Maritime Electric Company, Limited (the "Company") for approval of the Company's capital budget for the year 2005;
AND UPON
considering the application and material filed in support thereof;AND UPON it appearing to the Commission that the proposed expenditures of the Company are necessary for the provision of reasonably safe and adequate service and facilities for services as changing conditions require;
NOW THEREFORE, pursuant to the Electric Power Act;
IT IS ORDERED THAT
The application of the Company filed herein on December 10, 2004 and summarized below is approved:
2005 Capital Budget Summary
Corporate $1,052,000 Production 1,617,000 Distribution 8,956,000 Transmission 2,249,000 General Expense Capitalized 1,513,000 Interest During Construction 212,000 Total $15,599,000 Less: Contributions (750,000) Total (Net) $14,849.000 DATED at Charlottetown, Prince Edward Island, this 4th day of March, 2005.
BY THE COMMISSION:
Maurice Rodgerson, Chair
Weston Rose, Commissioner
James Carragher, Commissioner
Anne Petley, Commissioner
Notice:
Section 12 of the Island Regulatory and Appeals Commission Act reads as follows:
12. The Commission may, in its absolute discretion, review, rescind or vary any order or decision made by it or rehear any application before deciding it.
Parties to this proceeding seeking a review of the Commission's decision or order in this matter may do so by filing with the Commission, at the earliest date, a written Request for Review, which clearly states the reasons for the review and the nature of the relief sought.
Sections 13.(1) and 13(2) of the Act provide as follows:
13.(1) An appeal lies from a decision or order of the Commission to the Appeal Division of the Supreme Court upon a question of law or jurisdiction.
(2) The appeal shall be made by filing a notice of appeal in the Supreme Court within twenty days after the decision or order appealed from and the Civil Procedure Rules respecting appeals apply with the necessary changes.
