CENTRAL MAINE POWER CO
424B3, 1995-05-15
ELECTRIC SERVICES
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   Pricing Supplement No. 1 Dated May 15, 1995                       Rule 424(b)(3)
                                                                  File No. 33-56939
   (To Prospectus dated December 29, 1994)

   CENTRAL MAINE POWER COMPANY

   Medium-Term Notes, Series C
   (Fixed Rate)

     THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
    EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
      AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
    ACCURACY OR ADEQUACY OF THIS PRICING SUPPLEMENT OR THE PROSPECTUS TO WHICH IT
         RELATES.  ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.


   Principal Amount: $10,000,000   Trade Date:           May 11, 1995
                                   Maturity Date:        May 19, 1997
   Issue Price:      $10,000,000   Original Issue Date:  May 18, 1995

   Interest Rate:       7.50%      Form: x Book-Entry    Certificated    Both

             If the Original Issue Date falls within the 15-day period preceding
   March 1 or September 1, the Interest Payment Dates shall be:


   Redemption:
        X    The Notes cannot be redeemed prior to maturity
             The Notes may be redeemed prior to maturity

                  Redemption                    Redemption
                    Date(s)                      Price(s) 

   Repayment:

        X    The Notes cannot be repaid prior to maturity at the option of the
             holders thereof
             The Notes may be repaid prior to maturity at the option of the
             holders thereof

                  Repayment                     Repayment
                    Date(s)                      Price(s) 


   Original Issue Discount Note:   Yes       No  X
        Total Amount of OID:
        Yield to Maturity:
        Initial Accrual Period:

             As of the date of the issuance of the Notes covered hereby, after
   giving effect to the issuance thereof, and after giving effect to the principal
   amount of any Notes being concurrently or theretofore issued or retired
   (including, without limitation, any Series A Notes, any Series B Notes and any
   Notes), there will be $145,000,000 in aggregate principal amount of the
   Company's Medium-Term Notes (including, without limitation, Series A Notes,
   Series B Notes and the Notes) outstanding.<PAGE>
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