Central Maine Power Co. v. Public Utilities Commission

NICHOLS, Justice.

Here we are called upon to interpret the provision the Legislature has made for fuel cost adjustment in electric utility rates. Consolidated in the proceeding before us are an appeal under 35 M.R.S.A. § 303 and a complaint pursuant to 35 M.R.S.A. § 305, both brought by Central Maine Power Company to obtain review of a December 24, 1981, decision and order of the Public Utilities Commission, as supplemented by that agency.

That portion of the December 24 order at issue here involves the general concept of fuel cost adjustment, the mechanism by which costs and savings associated…