Maine Water announces rate credit for Camden, Rockland customers

Feb 04, 2020

Maine Water Company has announced another rate credit in its Camden Rockland operating division. Starting Feb. 4, and continuing for one year, customers will get a credit of 2.8 percent in each of their regular water bills. The credit is the result of a partnership with the Coastal Mountains Land Trust that protects 500 acres of open-space land around Grassy Pond and Spruce Mountain. The Camden Rockland Division serves customers in Rockland, Rockport, Camden, Thomaston, Owls Head, Union and Warren, and the reduction will be applied to all residential, commercial, industrial and fire-protection water bills.

“Our unique partnership with Coastal Mountain Land Trust provides permanent protections for critical water resources and provides a financial benefit to our customers at the same time,” said Richard Knowlton, president of Maine Water. “The financial benefit to Camden Rockland customers totals $185,000 and comes from the sale of a conservation easement that preserves the land for open-space and passive recreation.”

A plan to split the proceeds of the land sale between customers and infrastructure investment was negotiated with the Maine Office of Public Advocate and approved by the Maine Public Utilities Commission. The remaining $185,000 from the sale will be used for infrastructure replacement projects in the Camden Rockland Division.

 

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