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131st MAINE LEGISLATURE |
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LD 589 |
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LR 1954(03) |
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An Act to Ensure
That the Maine Electric Grid Provides Additional Benefits to Maine Ratepayers |
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Fiscal Note for
Bill as Engrossed with:
C "A" (S-553) |
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Committee: Energy, Utilities and Technology |
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| Fiscal Note |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$102,100 |
$0 |
$0 |
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| Revenue |
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Other Special Revenue Funds |
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$0 |
$102,100 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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The Public
Utilities Commission (PUC) has indicated that additional resources are
required to complete the initial review required by this bill. The bill
includes a one-time Other Special Revenue Funds allocation of $102,100 in
fiscal year 2024-25 for contract consulting services and other associated
costs. Since the PUC is funded by assessments on transmission and
distribution utilities set to produce sufficient revenue for any expenditures
needed to operate, the assessments will be increased to fund the new
allocations. |
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Any additional
costs to the Efficiency Maine Trust to implement the provisions of this bill
are expected to be minor and can be absorbed within existing budgeted
resources. |
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