Resources
Experience

Emera's Acquisition of Swan's Island Electric Cooperative

Emera's 2017 acquisition of Swan's Island Electric Cooperative required a multi-disciplined team of Verrill energy lawyers to successfully close the transaction. Because the seller was a member based cooperative, the transaction was structured as an asset purchase, rather than a stock purchase. This required a determination that the Cooperative had marketable title to hundreds of easements, many of which had been acquired by the Cooperative decades earlier. Upon investigation, the parties identified that there were over 200 easements to be acquired or confirmed for Cooperative power lines crossing private property. Tony Calcagni worked with the Cooperative management team for approximately one year to remedy the problems and procure valid deeds to the power line easements.

The acquisition also raised a novel question of utility ratemaking. Because of the high cost of serving the islands, the Public Utilities Commission raised the issue as to whether island ratepayers should pay more than Emera's mainland rates for electricity. In a two to one decision, the Maine PUC rejected the acquisition, finding that charging mainland rates to island customers would result in an unreasonable subsidy of island customers. In response, Bill Harwood and Brian Marshall, renegotiated the terms of the acquisition by including a five-year monthly surcharge on island ratepayers, and were thereby able to convince the Public Utilities Commission to approve the acquisition.

Firm Highlights

Blog

Maine Public Utilities Commission Invites Net Energy Billing Report Comments

Yesterday, the Maine Public Utilities Commission issued a request for comments related to the MPUC’s Net Energy Billing Report to the Legislature. The Commission broadly invited any interested person to submit information or comments...

Matter

Management Audit

Verrill represented Emera in its 2016 distribution rate case before the Maine PUC. The case involved issues relating to significant new capital investments, including Emera's new customer information system and a controversial substation investment...

Blog

Verrill Attorneys Present on Issues in Maine Energy and Electric Utility Regulation

The energy and environmental landscape is constantly evolving. On Thursday, April 22, 2021, Halfmoon Education Inc. presents a full-day, virtual program, "Issues in Maine Energy and Electric Utility Regulation," which will highlight the current...

Matter

Verrill Helps Hancock Solar Project Obtain MDEP Permit, Protect Upland Sandpipers

The 14-megawatt Hancock Solar project in the town of Hancock, Maine has obtained its Site Law permit from the Maine Department of Environmental Protection. Verrill assisted the project with environmental permitting, which included the...

Matter

2017 Emera Distribution Rate Case

Verrill represented Emera in its 2017 distribution rate case before the Maine PUC, which included: defeating Staff's proposed reduction to allowed return on equity for "management inefficiency;" approval of new expenditures, such as an...

Blog

Task Force Releases Report on Modernizing Maine’s Electric Grid

Blog

MPUC Issues Order Setting Forth “Discrete Electric Generating Facilities” Safe Harbor

Today, the Maine Public Utilities Commission (MPUC) issued an Advisory Ruling establishing a safe harbor for the determination whether a generation facility is a Discrete Electric Generating Facility for the purposes of qualifying for...

News

Verrill Welcomes Attorney Nate Menard to Firm's Environmental and Energy Group

(March 4, 2021) – Verrill is pleased to welcome Nate Menard who will join as an associate attorney in the firm’s environmental and energy law practice. Prior to joining Verrill, Menard served on active...

Blog

Virtual “Eggs & Issues”: Jim Cohen Interviews U.S. Senator Susan Collins

On March 10, Verrill partner Jim Cohen moderated a virtual “Eggs & Issues” business forum with US Senator Susan Collins (R-Maine). The March forum, hosted by the Portland Community Chamber of Commerce , covered...

Matter

Rate Design

We represented Emera in a rate design case before the Maine PUC to determine whether local distribution rates should be adjusted to reflect seasonal variations in the cost of providing electric distribution service.

Contact Verrill at (855) 307 0700