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123rd MAINE LEGISLATURE |
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LD 1942 |
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LR 2755(01) |
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An Act To Provide
a Rebate for Clean Energy Geothermal Heating Units |
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Fiscal Note for
Original Bill |
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Sponsor: Rep. Carter of Bethel |
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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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2007-08 |
2008-09 |
Projections 2009-10 |
Projections 2010-11 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$500,000 |
$500,000 |
$500,000 |
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Revenue |
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Other Special Revenue Funds |
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$0 |
$500,000 |
$500,000 |
$500,000 |
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Fiscal Detail
and Notes |
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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. |
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