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127th MAINE LEGISLATURE |
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LD 1649 |
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LR 2731(03) |
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An Act To
Modernize Maine's Solar Power Policy and Encourage Economic Development |
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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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Potential current biennium cost increase - Other Special Revenue
Funds
Potential current biennium revenue increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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The bill requires
the Public Utilities Commission (PUC) to adopt rules allowing net energy
billing for certain customers of an investor-owned transmission and
distribution utility. This bill requires the PUC to retain an independent
consultant experienced in net energy billing systems if the PUC finds that an
investor-owned transmission and distribution utility's cumulative capacity of
generating facilities reached 1% or more of that utility's peak demand. Were
this to happen, the PUC would require an Other Special Revenue Funds
allocation of $100,974 annually and would increase annual assessments by the
same amount to fund these consulting costs. |
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