130th MAINE LEGISLATURE
LD 528 LR 1149(02)
An Act To Advance Energy Storage in Maine
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Appropriations/Allocations
Other Special Revenue Funds $324,153 $308,384 $318,252 $328,437
Revenue
Other Special Revenue Funds $324,153 $308,384 $318,252 $328,436
Fiscal Detail and Notes
This bill increases the state goal for energy storage system development and establishes certain requirements for the Efficiency Maine Trust (EMT), the Public Utilities Commission (PUC) and the Governor's Energy Office (GEO) related to energy storage systems. The bill includes a one-time allocation of $100,000 in fiscal year 2021-22 to the PUC to provide assistance to the GEO related to a market study of energy storage. The bill also includes ongoing allocations to the PUC of $224,153 in fiscal year 2021-22 and $308,384 in fiscal year 2022-23 for one Staff Attorney position and one Utility Analyst position and associated costs. The PUC is funded by an assessment set to produce sufficient revenue for the expenditures allocated by the Legislature for operating the PUC. The increased allocations in this bill require a corresponding increase in revenue from the assessment on transmission and distribution utilities. Any additional costs to the EMT and GEO are anticipated to be minor and can be absorbed within existing budgeted resources.