POSTED JULY 13, 2016 IMPORTANT DOCUMENTS PERTAINING TO THE EMERA MAINE ACQUISITION OF THE SWAN'S ISLAND ELECTRIC COOPERATIVE Documents are available to download in MS Word format by clicking on each one.
POSTED JANUARY 31, 2015 OPTIONS FOR SUSTAINABLE DELIVERY OF ELECTRIC SERVICES TO SWAN'S ISLAND AND FRENCHBORO Independent report written by Tom McAloon as a result of his participation in the Collaborative for Island Energy Research and Action Access report here...
Maine Public Utilities Commission (MPUC) Rules on SIEC Rate Increase on July 22, 2014
The Swan's Island Electric Cooperative is a member-owned electric utility providing service to 275 year-round and 204 seasonal meters on Swan's Island and Frenchboro.
During the past five years, the Cooperative has made a
concerted effort to improve its financial status and to undertake major
improvements to its grid on Swan’s Island and Frenchboro. We have tightened up
our collection procedures with stricter policies on bill payment by all our
members. We have focused on
improving our accountability to the Maine Public Utilities Commission (MPUC)
and to the Rural Utility Service of the U.S. Department of Agriculture (the old
R.E.A.). As a result of these
efforts we are regaining our
credibility as a safe, financially-responsible utility – intent on modernizing
an electrical grid which has not been adequately maintained over the past several
As one of the smallest Rural Electric Cooperatives in the
U.S., we are working hard to modernize our electrical grid – while at the same
time trying to remain sustainable for the long term. Since we have less than 500 members and we are located six
miles out in the Atlantic Ocean, providing safe, dependable electric power at a
price that our members can afford is always the main challenge. Should we attempt to merge or
collaborate with larger utilities in order to control costs? Should we take advantage of a robust wind resource and generate our
own renewable power for our Cooperative as a means of keeping ourselves
financially independent in the future?
These are some of the issues that the Board will be grappling with
during the next several years.