125th MAINE LEGISLATURE
		LD 761		LR 729(03)
	An Act To Provide Rebates for Renewable Energy Technologies
	Fiscal Note for Bill as Engrossed with: C "A" (H-455)
	Committee: Energy, Utilities and Technology
Fiscal Note
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Appropriations/Allocations
	Other Special Revenue Funds		$0	$360,000	$358,000	$10,000
Fiscal Detail and Notes
	This bill allocates funds to the Efficiency Maine Trust (EMT) to utilize existing funds in the Renewable Resource Fund and from future annual alternative compliance payments to provide rebates for cost effective renewable technologies utilized by government and non-profit entities.  The nature of the competitive bidding process for the rebates is such that they could first begin in fiscal year 2012-13.  The amount of the rebates will drop off markedly in fiscal year 2014-15 since the primary funding source, the system benefit charge on electricity, is not reinstated and only alternative compliance payment funds would be available on an ongoing basis to support the rebate program.  Any costs to the EMT associated with adopting rules to implement selection and qualification criteria for the competitive bids can be absorbed by the EMT within existing budgeted resources.