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A holding company under PUHCA is an enterprise that directly or indirectly owns 10% or more of stock in a public utility company. Its primary business is Nova Scotia Power, an integrated electricity generator and transmission and distribution company with more than 440,000 customers and ,900,000,000 Canadian in assets.To eliminate the complex and confusing structure of holding companies that had made them almost impossible to regulate, Section 11b of Title I (the "Death Sentence Clause") of PUHCA abolishes all holding companies that were more than twice removed from their operating subsidiaries. and thereafter operated it as a wholly-owned subsidiary. bought six small electric utilities: Centreville Electric Light & Power Company, Gaspereaux Valley Electric Light Company, Lower Horton Electric Company, Kingston Electric Light Commission, the Town of Middleton's electric power system, and Sheffield Mills Light & Power Company. bought the electric power distribution system owned and operated by the Canning Water Commissioners. Bangor Hydro has 192,000 customers and assets of 4,000,000 (about C0,000,000). The company also has a financial interest in the Maritimes and Northeast natural gas pipeline which is being installed through Maine.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 ,941.68 and operating expenses were ,324.52, and it paid 8.87 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 ,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.The photo was taken from a position downstream from the plant, looking upstream over the tailrace toward the tailrace tunnels. Also see: Bear River Electric Light, Heating & Power Co. NSL 1899 chapter 137 — Act to change the name of the Bear River Electric Light, Heating & Power Co to the Bear River & Digby Electric Light, Heating & Power Co. That was the intent of the merger between CMP Group, owners of Central Maine Power Co., and Energy East.The smaller tailrace tunnel, on the left in the photo, was for the original generating unit; the larger tunnel on the right, was for unit number two. Also see: Bear River & Digby Electric Light, Heating & Power Co. The ratepayers of Bridgetown, at a meeting called for the purpose of voting upon thepurchase of the electric light system of that town on Tuesday evening [25 May, 1909 ? Only one regulatory group has not yet approved the merger.
At the time this photo was taken, the plant was owned and operated by the Avon River Power Company. was purely a distributing company, meaning it did not generate any electric power; it purchased all of its electric power from J. NSL 1899 chapter 137 — Act to change the name of the Bear River Electric Light, Heating & Power Co to the Bear River & Digby Electric Light, Heating & Power Co. With limited options to make money, transmission companies are merging with larger holding firms to bring efficiencies or economies of scale to their operations, and to obtain the capital to extend their interests into other products.Source: The Digby Weekly Courier, 4 June 1909, (reprinted from the Yarmouth Herald) [This item is confusedabout the amount of money, but the above is the complete text as printed in The Digby Weekly Courier.] NSL 1898 chapter 133 — Act to incorporate the Bedford Electric Co. NSL 1899 chapter 136 — Amendment NSL 1901 chapter 171 — Amendment NSL 1903 chapter 182 — Amendment NSL 1906 chapter 156 — Amendment NSL 1908 chapter 137 — Amendment NSL 1909 chapter 131 — Amendment This photograph appears on page 152 of "White Rock Past and Present" by Doris Atwell, published 2004 This postcard was postmarked in Kentville in September 1915. "Obviously the trend is to do the former, combine resources and whatnot," Briggs said.