Bangor Hydro Electric Company Submits Request for Changes To Electric Distribution and Stranded Cost Rates.Electric Delivery Rates Forecast To Remain Stable BANGOR, Maine For other places with the same name, see Bangor. Bangor is a city in and the county seat of Penobscot County, MaineGR6, United States. It is the major commercial center for eastern and northern Maine. For U.S. -- Bangor Hydro Electric Company formally filed requests for changes in both its distribution rates and stranded cost rates with the Maine Public Utilities Commission on Tuesday. As previously stated in November, Bangor Hydro is forecasting the net changes will have minimal impact on electric delivery rates. Bangor Hydro's filing requests an increase in distribution rates attributed to load reductions. This increase is nearly offset by a requested reduction in stranded cost rates. It is estimated that the combined impact of the filings will result in an increase of approximately 70 cents per month for the typical residential customer bill beginning the first quarter of 2008. "Considering the current cost pressures facing the energy market, we are pleased to put forward a plan for our customers that keeps electric distribution rates relatively stable for the near future," said Kathy Billings, director of corporate and community relations 1. The relationship between military and civilian communities. 2. Those public affairs programs that address issues of interest to the general public, business, academia, veterans, Service organizations, military-related associations, and other non-news media entities. . Bangor Hydro's filing starts the Public Utilities Commission's review process. Customers and other stakeholders must request the opportunity to intervene in the process by February 14, 2007. NOTE: Information relative to these filings was previously released on 11/16/2006. Bangor Hydro-Electric Company (BHE BHE Ball Handling Error (volleyball) BHE Bund der Heimatvertriebenen und Entrechteten (Union of Homeless and Rightless) BHE Blenheim New Zealand BHE Byte High Enable BHE Benchmark Electrs Inc ) is an electric utility wholly-owned by Emera Inc. BHE serves a population of 192,000 in an area encompassing 5,275 square miles in eastern and east coastal Maine. BHE is a member of the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Power Pool and is interconnected with other New England utilities to the south and with the New Brunswick New Brunswick, province, Canada New Brunswick, province (2001 pop. 729,498), 28,345 sq mi (73,433 sq km), including 519 sq mi (1,345 sq km) of water surface, E Canada. Power Corp. to the north. Visit us at www.bhe.com. Emera Inc. (EMA-TSX) is an energy and services company with $4.0 billion in assets. Electricity is Emera's core business. The company has two wholly-owned regulated electric utility subsidiaries, Nova Scotia Nova Scotia (nō`və skō`shə) [Lat.,=new Scotland], province (2001 pop. 908,007), 21,425 sq mi (55,491 sq km), E Canada. Geography Power Inc. and Bangor Hydro-Electric Company, which together serve 590,000 customers. Emera's other investments include a joint venture interest in Bear Swamp Bear Swamp is a forested parkland in Ashfield, Massachusetts. The Trustees of Reservations owns and maintains the property. Though Bear Swamp was once a sheep pasture and later a source of cordwood and lumber, it now seems much like an untouched wilderness. , a 600 megawatt pumped storage hydro-electric facility in northern Massachusetts; a 12.9% interest in the Maritimes & Northeast Pipeline ; and Emera Energy Services which manages energy assets on behalf of third parties and provides related services. Visit Emera on the web at www.emera.com. |
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