Maritime Electric is a Public Utility regulated by the Island Regulatory and Appeals Commission (IRAC) under the Electric Power Act and the Renewable Energy Act. Electricity rates and directives over all operations and expenditures are subject to IRAC's approval.
IRAC provides regulatory oversight of our operations to ensure compliance with applicable legislation. Maritime Electric is mandated to provide documentation to IRAC to justify costs in administration, operations, and electricity purchase and sale.
Below are recent IRAC Applications that have been filed by Maritime Electric.
- 05/18/2018 - Environmental Impact Statement (EIS): Proposed Borden-Carleton Transmission Line Project
- 04/27/2017 - Point Lepreau Cost Allocation Classification Study (PDF)
- 08/09/2016 – Appendix M: 2014 Cost Allocation Study undertaken by Chymko Consulting (PDF)
- 08/02/2016 – 2017 Capital Budget (PDF)
- 07/08/2016 – OATT (Open Access Transmission Tariff) (PDF)
- 02/05/2016 – Supplemental Information to 2016 General Rate Agreement (PDF)
- 01/29/2016 – 2016 General Rate Agreement (PDF)
- 10/28/2015 – General Rate Case Application and Evidence (PDF)
- 09/30/2015 – Proposed Interconnection Upgrade Project Environmental Impact Assessment
- 07/30/2015 – 2016 Annual Capital Budget Application (PDF)
- 07/23/2015 – Depreciation Study Application (PDF)
- 06/25/2015 – Proposed Combustion Turbine Generator Application (PDF)
- 06/03/2015 – Demand Side Management Plan 2015-2020 (PDF)