LD 273 LR 72(03)
An Act To Encourage and Enhance the Future of Waste-to-energy Facilities by Establishing a Portfolio Requirement for Electricity from Waste Energy Resources
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Woodsome of York
Fiscal Note Required: Yes
Fiscal Note
Eliminates potential future biennium revenue increase - Other Special Revenue Funds
Eliminates potential future transfer to Efficiency Maine Trust
Eliminates future minor savings - Other Special Revenue Funds
Fiscal Detail and Notes
The amendment repeals, on June 30, 2020, portfolio requirements for waste-to-energy resources and the alternative compliance payments used to satisfy those portfolio requirements. This eliminates any potential Other Special Revenue Funds revenue to the Public Utilities Commission starting in fiscal year 2020-21. These revenues would have been transferred to the Energy Efficiency and Renewable Resource Fund within the Efficiency Maine Trust. The PUC had not anticipated any competitive electricity providers to make these payments in lieu of compliance. Any additional future costs the PUC would have incurred to require waste-to-energy resources to meet certain portfolio requirements had been expected to be minor and are now eliminated after June 30,2020.