LD 1261
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Page 1 of 13 An Act To Support Clean and Efficient Energy for the Future of Maine's Economy ... Page 3 of 13
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LR 1317
Item 1

 
E.__Five hundred megawatts by December 31, 2015.

 
4.__Clean Energy Fund; development of program.__The
commission by rule shall establish a dedicated fund, known as
the Clean Energy Fund and referred to in this section as "the
fund," to support a program of in-state development of new
renewable energy resources.__The commission shall administer
the fund to encourage the development, construction and
operation of new renewable energy resource projects at those
sites in this State that have significant economic potential
based on a renewable resource and that are suitable based on
environmental and public health considerations.__In developing
the criteria for this program, the commission shall review the
experiences and approaches utilized by similar clean energy
funds administered in other states.

 
5.__Funding for fund.__Funding for new renewable energy
projects must be funded from the fund.__Financial resources
available for the fund must be provided through a 0.1__per
kilowatt-hour charge collected in the rates of transmission
and distribution utilities beginning January 1, 2005.

 
6.__Clean Energy Advisory Committee.__The Clean Energy
Advisory Committee, referred to in this section as "the
committee," is established to serve as a review body to assess
the performance of the fund and the progress of the State in
promoting the development of renewable energy, including
progress in meeting the new renewable energy development goals
established in this section.

 
A.__The committee consists of 11 voting members as
follows.

 
(1)__Two representatives who are owners of or
consultants to new renewable energy businesses and 2
members who represent the public at large, appointed
by the Governor.

 
(2)__One member from a consumer interest organization
and one member from an environmental organization,
appointed by the President of the Senate.

 
(3)__One member from a transmission and distribution
utility and one member from an environmental
organization, appointed by the Speaker of the House
of Representatives.

 
(4)__A representative of the commission, chosen by
the commission.


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