Electric power is a unique and challenging business venture. This transaction was complicated by the fact that this portion of the line served not only for transmission of wholesale electric power, but also supplied two domestic (residential) customers along the route. If the towns collectively exercise their warrants, they will be able to purchase the outstanding shares at each regardless of the day's trading price.
The product can't be stored, but must be manufactured, transported and distributed, all at the same moment it is consumed. After extensive examination of the situation, on 27 July 1934 the PUB denied the application to sell the line. Then they can sell them to NS Power at .50 after the merger receives the required regulatory approval.
At all times, the electricity generatedmust be exactly equal to the existing demand – no more and no less. On 25 February 1935, official approval was given by the PUB for the Dartmouth GELHP Co. A municipal review committee, set up at Eastern Maine Development Corp., is handling the warrants, said Bangor City Manager Ed Barrett.
# Privately-Owned Electric Utility Companies # Government-Owned Electric Utilities # Renewable-Energy Electric Companies # Inventory: Renewable Electric Generation, 2002-2012 # 1958: List of all electric utilities in Nova Scotia # 2001: List of all electric utilities in Nova Scotia # UARB electric power documents # Recent additions to this list # NS to manage own greenhouse emissions # Notes # Edison telegram, 31 July 1907 The full, official, legal name of each company is given. to sell its entire property, assets and undertaking to the Nova Scotia Light & Power Co. reported that, during the year 1912, its operating revenue was $5,941.68 and operating expenses were $5,324.52, and it paid $108.87 in taxes. On 30th December 1966, all of the outstanding shares of Eastern Light & Power Company Limited were purchased by the Nova Scotia Power Commission at a cost of $3,900,000. (all three based in Cumberland County, Nova Scotia). The city of Bangor holds slightly more than 16 percent of the 825,000 warrants, Landry said.
This list is known to be incomplete (I'm working on it). Source: PUB Annual Report 1912-13 On 14 June 1922, the Digby EL Co. — Nova Scotia Power Commission Annual Report 1966, page 12 Eastern Utilities Limited was a holding company (it owned shares of other companies), not an operating utility company – it did not own any generating plants or transmission lines or any other equipment used in the production and/or distribution of electric power, it did not deliver electricity to anyone, and it did not send bills to electric power consumers. May 1940: Eastern Utilities Limited is an investment holding Company which owns all the issued shares of Canada Electric Company Limited; The Eastern Electric and Development Company Limited; and with the exception of 33 shares, all of the 11,254 shares (par value $100) of the Moncton Electricity and Gas Company Limited; also the majority of common (voting) shares of Maritime Coal, Railway and Power Company Limited; and all the issued shares of Joggins Coal Company Limited. Bangor's proceeds before brokerage fees would be nearly $2.6 million.
Where it appears below, "NSL" refers to the Nova Scotia Legislature. received official approval from the PUB to sell the whole of its undertaking to the Town of Digby. By Order In Council dated 9 June 1931, the name of the Sydney Mines Electric Co. Eastern Utilities Limited was incorporated in Prince Edward Island; it is included in this history of Nova Scotia electric companies because it owned companies in the electric power business in Nova Scotia — Canada Electric Co. The Managing Director of Eastern Utilities Limited is J. Other major warrant holders include the Mount Desert Island region at 8 percent, Waterville at 7 percent, and Brewer and the Midcoast sewer and water district at about 5 percent each.
Unless otherwise stated, "Act" means an Act of the Nova Scotia Legislature. NSL 1882 chapter 61 — Act to incorporate the Eastern Development Co. NSL 1883 chapter 71 — NSL 1884 chapter 71 — NSL 1885 chapter 99 — NSL 1886 chapter 141 — NSL 1890 chapter 181 — To extend powers, as to Gas Works and Water Works, etc. Name changed 9 June 1931 from Sydney Mines Electric Co. Service area: Sydney and North Sydney and vicinity. Major PERC member communities that did not sign on to the original Bangor Hydro agreement and never held warrants are Newport, Ellsworth and Pittsfield, Landry said.
REWARD As we are under considerable expense in repairing street lights that are maliciously broken, we offer the above reward for information that will lead to the conviction of the guilty parties. Incorporated on 26 January 1911 as Sydney Mines Electric Co. Bangor Hydro, a Maine company that is more than 100 years old, will become a wholly owned subsidiary of NS Power Holdings.
Offenders will be prosecuted to the full extent of the law. By 1917, the steam-driven electric generating plant of the Acadia Electric Light Company in Wolfville was 26 years old. The name of the company will not be changed nor will the company's primary operations.
Its maximum output was 55 kilowatts, the service operated only seven hours out of twenty-four, and, according to an ancient townsman (who was interviewed by Harry Bruce in the mid-1970s) "You could hardly see the light bulbs even when you turned them on," — translation: the voltage was well below the proper level which meant that the generating plant was overloaded, or the distribution circuits were inadequate, or both. Bangor Hydro will continue to deliver power, which many customers are buying through the utility under state-established standard offer service.
The Wolfville Board of Trade (whose secretary, incidentally, was George C. Shaw, a brick manufacturer who was also president of the Wolfville Board of Trade, wrote many years later that Jodrey and Wright "never came back to report. Bangor Hydro was mandated to sell its generators under the state's restructuring of the electricity markets.