Pricing Supplement No. 7    Dated March 18, 1998             Rule 424(b)(3)
                                                             File No. 33-56939
(To Prospectus Supplement dated February 17, 1998)

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:  $30,000,000    Trade Date:                 March 17, 1998
                                  Maturity Date:              September 20, 1999
Issue Price:       $30,000,000    Original Issue Date:        March 20, 1998

Interest Rate:     6.35%          Form: x Book-Entry          Certified     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 $103.0 million 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.