LD 1959 LR 2562(19)
An Act Regarding Utility Accountability and Grid Planning for Maine's Clean Energy Future
Fiscal Note for Bill as Engrossed with:
C "A" (S-550)
H "A" (H-1043) to C "A" (S-550)
Committee: Energy, Utilities and Technology
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Other Special Revenue Funds $0 $899,028 $514,738 $539,116
Other Special Revenue Funds $0 $899,028 $514,738 $539,116
Correctional and Judicial Impact Statements
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
The bill includes ongoing allocations to the Public Utilities Commission (PUC) of $499,028 beginning in fiscal year 2022-23 for 2 Utility Analyst positions and one Staff Attorney position and associated All Other costs. It also includes a one-time allocation of $400,000 in fiscal year 2022-23 for contracted services to study similar investor-owned utilities and regulatory efforts. The PUC is funded by assessments on transmission and distribution utilities set to produce sufficient revenue for the expenditures needed to operate it. The increased allocations in this bill require a corresponding increase in revenue from those assessments.