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127th MAINE LEGISLATURE |
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LD 1073 |
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LR 1084(04) |
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An Act To Lower
Energy Costs and Increase Access to Solar Energy for Agricultural Businesses |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$474,000 |
$500,000 |
$250,000 |
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Revenue |
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Other Special Revenue Funds |
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$0 |
$474,000 |
$500,000 |
$250,000 |
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Transfers |
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Other Special Revenue Funds |
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$0 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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The bill
establishes the Solar Energy Agricultural Rebate Fund within Efficiency Maine
Trust (EMT) to provide rebates to agricultural businesses for cost-effective
solar photovoltaic and solar thermal technologies. The fund is funded through
assessments by the Public Utilities Commission on transmission and
distribution utilities. The amount of all assessments must result in total
program expenditures by each transmission and distribution utility of 0.005
cents per kilo-watt hour. The bill repeals these activities on December 31,
2018. New Other Special Revenue Funds revenue of $474,000 in fiscal year
2016-17, $500,000 in fiscal year 2017-18 and $250,000 in fiscal year 2018-19
will be transferred to the EMT. This bill includes an Other Special Revenue Funds
allocation of $474,000 in fiscal year 2016-17 for providing rebates for cost
effective solar photovoltaic and solar thermal technologies. |
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