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.
A regulatory bargain was created between utilities and the government. Briggs said no employees will lose their jobs at this time. Briggs and other corporate officers will continue to run Bangor Hydro, Mann said, and no decision has been made on whether their roles will be expanded within NS Power.
In exchange for an exclusive service territory, utilities are required to provide reliable electric service to all customers at a regulated rate. NS Power Holdings is based in Halifax, Nova Scotia.
The route travelled by horse and ox teams over the Deep Hollow Road (paved now but not then) to Wolfville, Canning and Port Williams was no easy haul. As of January 1st, 1961, the total authorized capital of the Canada Electric Company Limited was 15,000 shares, divided 11,500 common and 3,500 preferred. "It was a competitive competition." NS Power is paying 1.4 times book value for Bangor Hydro, Mann said.
— Historic Kings County (booklet), Kings County Historical Society, 2004 Service area: Baddeck, Victoria County In January 1927, Norman Bethune (1899-1986) began providing electric power, during the evening hours only, to a small area of downtown Baddeck. Norman Bethune, owner of the plant, told the PUB that the generating equipment consists of one 15 horsepower oil engine [probably a single-cylinder Diesel (compression-ignition) engine] belted to a ten kilowatt Direct Current [DC] 110-volt generator. Of these authorized shares, 9,000 common shares and 2,500 preferred shares were issued. The deal will be financed through a long-term bank loan.
Even with this arrangement, the distribution system would not have been able to supply electricity to the farthest customer at satisfactory voltage. The acquisition premium is the difference between the asking price and book value.
A ten kilowatt generator supplying 110 volts will be delivering about 90 amperes. "For the moment, we will follow the philosophy we have in Nova Scotia — stable rates," Mann said.
Under PUHCA, the SEC regulates mergers and diversification proposals of holding companies whose subsidiaries engage in retail electricity or natural gas distribution. in November 1925, and the Gaspereaux River Light, Heat & Power Co. There is a rubber-stamped "Middleton, June 26, 1940" on the back of the print that was scanned for this gif file (probably stamped when the print was made). Bangor Hydro's stock was up .44 Friday, closing at .44.
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.
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.
Nowlan, a federal cabinet minister forty years later) decided somebody had to do something about the electricity supply in Wolfville. They found more than we had anticipated." They found a waterfall, formed a company (Gaspereaux River Light, Heat & Power Company), built a dam, installed a powerhouse, and built electric transmission lines out across the Annapolis Valley. Public Utility Holding Company Act of 1935, which provided for the regulation of utility holding companies by the Securities and Exchange Commission (SEC). Under restructuring Bangor Hydro became solely a transmission and distribution company.