FORM 8-K



                  SECURITIES AND EXCHANGE COMMISSION

                        Washington, D.C.  20549



                            CURRENT REPORT



                Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act of 1934

                    Date of Report:  July, 1995


                      MAINE PUBLIC SERVICE COMPANY            
        (Exact name of registrant as specified in its charter)



            Maine                   1-3429          01-0113635      
(State, or other jurisdiction    (Commission       (IRS Employer
      of incorporation)          File Number)    Identification No.)


209 State Street, Presque Isle, Maine                 04769  
(Address of principal executive offices)            (Zip Code)


Registrant's Telephone Number, Including Area Code   207-768-5811









Current Report, Form 8-K for                           Date of Report:
Maine Public Service Company                           July, 1995     
       
 

Item 5.   Other Material Events

     Maine Public Service Company To Place Steam Units at the Caribou
     Generating Facility on Inactive Status.

     At a regular meeting on July 7, 1995, the Company's Board of
     Directors authorized placing on inactive status Steam Units 1 and
     2 of the Company's Caribou Generating Facility in Caribou, Maine. 
     The Company will lay-up the Units by January 1, 1996 and expects
     that they will remain inactive for five years or longer.  These two
     Units, which represent 23 MW of capacity, have become surplus to
     the Company's needs due to the closure of Loring Air Force Base and
     the loss in 1996 of the Company's largest customer, the Houlton
     Water Company, as reported in the Company's Form 8-K dated December
     7, 1994.  During the Units' inactive period, the plant equipment
     will be protected and maintained by the installation of a
     dehumidification system that will permit the plant to return to
     service in approximately six months.

     Placing Steam Units 1 and 2 on inactive status will save the
     Company approximately $3.5 million over the next five years.  These
     savings result primarily from a savings in operation and
     maintenance expense.  The Company will be eliminating 12 positions
     at the plant and has also announced a voluntary early retirement
     program that may avoid involuntary termination of some of the
     employees whose positions at the Units have been eliminated.

     Steam Unit No. 1 went into operation in the early 1950s and Unit
     No. 2, in the mid 1950s.  The Company still has at the Caribou
     facility a diesel generation station of approximately 7 MW and a
     hydro facility of approximately 1 MW and will continue to employ 11
     employees.

                                   MAINE PUBLIC SERVICE COMPANY
                                           Registrant


July 13, 1995                      Larry E. LaPlante             
                                   Larry E. LaPlante, Vice President
                                   Finance and Treasurer
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FORM 8-K

                  SECURITIES AND EXCHANGE COMMISSION

                        Washington, D.C.  20549

                            CURRENT REPORT

                Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act of 1934

                    Date of Report:  July, 1995

                      MAINE PUBLIC SERVICE COMPANY            
        (Exact name of registrant as specified in its charter)

            Maine                   1-3429          01-0113635      
(State, or other jurisdiction    (Commission       (IRS Employer
      of incorporation)          File Number)    Identification No.)

209 State Street, Presque Isle, Maine                 04769  
(Address of principal executive offices)            (Zip Code)

Registrant's Telephone Number, Including Area Code   207-768-5811

Current Report, Form 8-K for                           Date of Report:
Maine Public Service Company                           July, 1995     
       
 

Item 5.   Other Material Events

     Maine Public Service Company To Place Steam Units at the Caribou
     Generating Facility on Inactive Status.

     At a regular meeting on July 7, 1995, the Company's Board of
     Directors authorized placing on inactive status Steam Units 1 and
     2 of the Company's Caribou Generating Facility in Caribou, Maine. 
     The Company will lay-up the Units by January 1, 1996 and expects
     that they will remain inactive for five years or longer.  These two
     Units, which represent 23 MW of capacity, have become surplus to
     the Company's needs due to the closure of Loring Air Force Base and
     the loss in 1996 of the Company's largest customer, the Houlton
     Water Company, as reported in the Company's Form 8-K dated December
     7, 1994.  During the Units' inactive period, the plant equipment
     will be protected and maintained by the installation of a
     dehumidification system that will permit the plant to return to
     service in approximately six months.

     Placing Steam Units 1 and 2 on inactive status will save the
     Company approximately $3.5 million over the next five years.  These
     savings result primarily from a savings in operation and
     maintenance expense.  The Company will be eliminating 12 positions
     at the plant and has also announced a voluntary early retirement
     program that may avoid involuntary termination of some of the
     employees whose positions at the Units have been eliminated.

     Steam Unit No. 1 went into operation in the early 1950s and Unit
     No. 2, in the mid 1950s.  The Company still has at the Caribou
     facility a diesel generation station of approximately 7 MW and a
     hydro facility of approximately 1 MW and will continue to employ 11
     employees.

                                   MAINE PUBLIC SERVICE COMPANY
                                           Registrant

July 13, 1995                      Larry E. LaPlante             
                                   Larry E. LaPlante, Vice President
                                   Finance and Treasurer