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129th MAINE LEGISLATURE |
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LD 1766 |
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LR 2492(01) |
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An Act To
Transform Maine's Heat Pump Market To Advance Economic Security and Climate
Objectives |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Lawrence of York |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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| Resources dedicated to heat pumps |
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| Fiscal Detail
and Notes |
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The bill
establishes a state goal to install 100,000 new high-performance air source
heat pumps and allows the Efficiency Maine Trust (EMT) to credit revenue it
receives from the ISO-New England Forward Capacity Market to the Heating
Fuels Efficiency and Weatherization Fund to promote the pumps. This change to
the distribution of funds dedicated to programs within the EMT will not
change the overall level of expenditures by the EMT. |
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Additional costs
to the Maine State Housing Authority and the Public Utilities Commission
associated with the requirements of this legislation can be absorbed within
existing budgeted resources. |
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