Pricing Supplement No. 3 Dated August 28, 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:           August 24, 1995
                                   Maturity Date:        August 30, 1999
   Issue Price:      $10,000,000   Original Issue Date:  August 29, 1995

   Interest Rate:       7.45%      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 Series C Notes covered hereby,
   after giving effect to the issuance thereof, and after giving effect to the
   principal amount of any Medium-Term Notes being concurrently or theretofore
   issued or retired (including, without limitation, any Series A, Series B and
   any Series C Notes), there will be $102,000,000 in aggregate principal amount
   of the Company's Medium-Term Notes (including, without limitation, Series A
   Notes, Series B Notes and the Series C Notes) outstanding.