Maritime Electric
 | |
| Company type | Subsidiary |
|---|---|
| Industry | Energy |
| Founded | 1918 |
| Headquarters | 180 Kent Street Charlottetown, Prince Edward Island C1A 7N2 |
Area served | Prince Edward Island |
| Products | Electricity |
| Parent | Fortis Inc. |
| Website | www |
Maritime Electric is the supplier of electricity in Prince Edward Island, Canada. Maritime Electric is a public utility, and is regulated by the Island Regulatory and Appeals Commission (IRAC) under the Electric Power Act and the Renewable Energy Act.[1] The utility operates two generating stations on the island: the Charlottetown Thermal Generating Station and the Borden Generating Station.
On November 13, 2009, it was announced that the PEI government was in discussion with the province of Quebec, with regard to providing electric power between the two provinces, which could lead to a long-term supply contract with Hydro-Québec, the construction of a submarine transmission line linking PEI and the Magdalen Islands, and, pending Fortis' involvement, the sale of Maritime Electric to Hydro-Québec.[2] This followed the announcement of Hydro-Québec's proposed purchase of most of NB Power's assets two weeks earlier[3] (which failed in March 2010).[4]
See also
References
- ^ "Electricity Regulation on PEI". Archived from the original on 2009-05-03.
- ^ Bundale, Brent (14 November 2009). "Quebec, P.E.I. talk power". Telegraph-Journal. Saint John, New Brunswick. p. C1. Archived from the original on October 1, 2011. Retrieved 2009-11-14.
- ^ "Quebec, N.B. strike $4.8B deal for NB Power". Canadian Broadcasting Corporation. October 29, 2009. Archived from the original on October 31, 2009. Retrieved 2009-10-29.
- ^ "Quebec balked at NB Power sale costs". CBC News. March 24, 2010. Archived from the original on March 27, 2010.
External links