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130th MAINE LEGISLATURE |
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LD 1959 |
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LR 2562(03) |
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An Act To Ensure
Transmission and Distribution Utility Accountability |
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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 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$896,542 |
$2,724,115 |
$2,405,412 |
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Revenue |
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Other Special Revenue Funds |
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$0 |
$896,542 |
$2,728,115 |
$2,405,412 |
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Correctional
and Judicial Impact Statements |
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This bill may
increase the number of civil suits filed in the court system. The additional
workload associated with the minimal number of new cases filed in the court
system does not require additional funding at this time. The collection of additional filing fees
may increase General Fund revenue by minor amounts. |
Fiscal Detail
and Notes |
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This bill
establishes new performance standards for transmission and distribution
utilities operating in the State and creates new oversight responsibilities
for the Public Utilities Commission (PUC). The bill includes ongoing
allocations of $696,542 starting in fiscal year 2022-23 for 6 Utility Analyst
positions, 5 Staff Attorney positions and associated All Other costs. The
bill also includes allocations of $200,000 in fiscal year 2022-23 for
contracted services related to the additional reporting requirements outlined
in the bill. The anticipated cost of these contracted services will be
$850,000 in fiscal 2023-24 and $450,000 in fiscal year 2024-25. 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. |
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