Maine Electrical Service Clauses General Approach

State:
Multi-State
Control #:
US-OL17013B
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Word; 
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Description

This office lease clause states the availability of electricity and the costs, rights and limitations of the tenant with regard to obtaining certain additional electricity. This clause is representative of one that might be found in a lease with a tenant that is already in occupancy.

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FAQ

Maine's statute of limitations is six years, commencing when the ?cause of action accrues.? 14 M.R.S.A. § 752. With only a few exceptions, there is no discovery rule. The cause of action begins to run, regardless of whether any injury is discovered, at the time that the wrongful act produced injury.

Maine voters rejected the proposed takeover of two investor-owned utilities that distribute 97 percent of electricity in the state. Voters opted for the status quo over a referendum that would have marked the first time a state with existing private utilities discarded them all at the same time.

Two of the main providers in Maine are Central Maine Power (CMP) and Maine Electricity.

(1). An action for default under a lease contract, including breach of warranty or indemnity, must be commenced within 4 years after the cause of action accrued.

If the ballot measure had passed this time around, the plan was for Pine Tree Power to buy out the two companies that currently run the state's energy grid: Versant Power, owned by Canadian utility Enmax, and Central Maine Power, a branch of Avangrid , which is owned by Spanish electric utility Iberdrola .

The Pine Tree Power Company will be a not-for-profit electric utility for those parts of Maine now served by Central Maine Power and Versant.

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Maine Electrical Service Clauses General Approach