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123rd MAINE LEGISLATURE |
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LD 134 |
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LR 763(02) |
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An Act To
Encourage the Use of Solar Energy |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Utilities and Energy |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current biennium cost increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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This legislation
authorizes the Public Utilities Commission (PUC) to revise rebate levels for
solar thermal systems and solar photovoltaic systems to encourage consumer
participation. Current law provides
for a rebate of 25% of the cost of a solar thermal system or $1,250 whichever
is less and for rebates of $3 per watt on the first 2,000 watts of installed
capacity and $1 per watt for the next 1,000 watts for a solar photovoltaic
system. Allowing the PUC flexibility
to set the rebates is intended to increase use of the solar thermal rebate
program and allow wider participation at lower rebate amounts for the
photovoltaic rebate program. The bill
does not change the assessments on transmission and distribution utilities
that fund the program. The PUC has a
proposed solar rebate budget of $500,000 in fiscal year 2007-08 and $250,000
in fiscal year 2008-09 contained in the Governor's 2008-09 Biennial Budget. |
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