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131st MAINE LEGISLATURE |
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LD 187 |
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LR 1122(02) |
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An Act to
Eliminate the Energy Efficiency and Renewable Resource Fund |
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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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Eliminates Energy Efficiency and Renewable Resource Fund -
Efficiency Maine Trust
Redirects alternative compliance payments |
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Fiscal Detail
and Notes |
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This bill repeals
the Energy Efficiency and Renewable Resource Fund (fund) administered by the
Efficiency Maine Trust (EMT). Under current statute, the fund receives
revenue from alternative compliance payments to the Public Utilities
Commission (PUC) that get transferred to the EMT to be used for various
energy efficiency projects. Since the revenues from the alternative
compliance payments have been declining, this bill has the PUC retaining the
alternative compliance payments and providing funding for existing
needs-based low-income assistance programs. |
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