PROPOSED RATE INCREASE

MAINE PUBLIC UTILITIES COMMISSION DOCKET NO. 2024-00355

PROPOSED EFFECTIVE APRIL 1, 2025

Proposed Tariff Amendment

Effective April 1, 2025, FIEC proposes raising rates by $219,458 (11%) annually by increasing the Monthly Minimum Charge and adding a new Capacity Charge.

FIEC proposes to increase the Monthly Minimum Charge as follows:

FIEC proposes to add a new Capacity Charge as follows:

The On-Peak Capacity Charge is higher because FIEC’s most significant peaks occur during the summer months, from June to September. FIEC must design and operate the electric system to serve the high summer peak loads.  

The Off-Peak Capacity Charge is lower because FIEC’s winter peak loads are smaller, and the capacity costs are spread across fewer customers.