123rd MAINE LEGISLATURE
LD 1942 LR 2755(01)
An Act To Provide a Rebate for Clean Energy Geothermal Heating Units
Fiscal Note for Original Bill
Sponsor: Rep. Carter of Bethel
Committee: Utilities and Energy
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Appropriations/Allocations
Other Special Revenue Funds $0 $500,000 $500,000 $500,000
Revenue
Other Special Revenue Funds $0 $500,000 $500,000 $500,000
Fiscal Detail and Notes
This legislation will result in an increase in dedicated revenue and a corresponding Other Special Revenue Funds allocation of $500,000 annually beginning in fiscal year 2008-09 to the Public Utilities Commission to administer a Geothermal Energy Rebate Program.  The increase in Other Special Revenue Funds will be derived from assessments to transmission and distribution utilities and the allocations will provide rebates for the installation of geothermal heating systems.