UE20940 IN THE MATTER of an application by Maritime Electric Company, Limited for approval of proposed amendments to its rates, tolls and charges for electric service. Notice of Application TAKE NOTICE that Maritime Electric Company, Limited ("Maritime Electric" or the "Company") has applied to the Island Regulatory and Appeals Commission (the "Commissioner") for approval of proposed amendments to its rates, tolls and charges. In summary, the Company seeks Commission approval of the following:  a continuation of the rebasing of the Energy Cost Adjustment Mechanism ("ECAM"); a continuation of the Point Lepreau replacement energy deferral until the refurbishment project is complete; recovery of replacement energy costs through rates over a twenty-five year period, commencing the first month after the Point Lepreau Generating Station returns to service; and a maximum allowed return on average common equity of 9.75% for 2010 and 2011.  The application states that, with the ongoing operation of the ECAM, 2010 customer electricity costs based on the current energy supply forecast will decrease as follows:  (0.50%) - Residential customer using 650 kWh/month (0.30%) - Commercial customer using 10,000 kWh/month and 50 KW/month (9.40%) - Large Industrial customer using 9,750,000 kWh/month and 15,500 KW/month HOW TO SEE THE APPLICATION A complete copy of the application can be obtained by clicking here (15796 KB pdf file) . Any person wishing to obtain a hard copy of the filing can do so by writing to Maritime Electric at the address below. HOW TO COMMENT AND ASK QUESTIONS Any person wishing to comment on the application can do so by writing to the Commission at the address below. In order to be considered, comments must be received by Friday, March 5, 2010. Persons wishing to pose questions to Maritime Electric on the application may do so by filing their questions, in writing, with the Company on or before Friday, February 19, 2010. Questions posed to Maritime Electric must be answered by the Company, in writing, on or before Friday, February 26, 2010. Copies of both written questions and written answers must be copied to, or filed with, the Commission not later than March 5, 2010 in order to be considered. FOR ADDITIONAL INFORMATION Additional information on the application can be obtained by contacting Maritime Electric at 629-3693. Written communications should be forwarded to: J.W. Geldert Vice-President, Finance & Chief Financial Officer Maritime Electric Company, Limited P.O. Box 1328 Charlottetown, PE  C1A 7N2 Island Regulatory & Appeals Commission Attention: Maritime Electric Rate Application Commission Docket #UE20940 P.O. Box 577 Charlottetown, PE  C1A 7L1 email: info@irac.pe.ca DATED at Charlottetown, this 4th day of February, 2010. Posted: 2010/02/04 * The Adobe Acrobat Reader is required to view and print PDF documents. The Reader can be downloaded free of charge from Adobe Systems Incorporated by clicking here. Please note that large PDF files (>400 KB) should be saved to disk before opening. In certain instances, large PDF files will "time out" when opened directly from a web site. This can be avoided by saving to disk and then opening the file locally.