LD 589 LR 1954(03)
An Act to Ensure That the Maine Electric Grid Provides Additional Benefits to Maine Ratepayers
Fiscal Note for Bill as Engrossed with:
C "A" (S-553)
Committee: Energy, Utilities and Technology
Fiscal Note
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Other Special Revenue Funds $0 $102,100 $0 $0
Other Special Revenue Funds $0 $102,100 $0 $0
Fiscal Detail and Notes
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. 
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.