128th MAINE LEGISLATURE
LD 1896 LR 2966(02)
An Act To Improve Efficiency through Electric Rate Design and Advanced Technology
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
             
Fiscal Note
Potential current biennium revenue decrease - Efficiency Maine Trust
Minor cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
Provisions that require the Efficiency Maine Trust (EMT) to return any unused assessments collected from electricity consumers that were for programs targeted for low-income residential transmission and distribution customers that were not expended or contracted for expenditure within 2 years of the date the assessment was collected would reduce funding available for the EMT to conduct conservation programs. Any additional costs to the Public Utilities Commission (PUC) as a result of the rate design sections of this bill are anticipated to be minor and can be absorbed within existing budgeted resources. Any additional costs to the PUC, the Office of the Public Advocate and the EMT as a result of the stakeholder process are anticipated to be minor and can be absorbed within existing budgeted resources.