LD 1347 LR 1811(05)
An Act to Eliminate the Current Net Energy Billing Policy in Maine
Sponsor: Rep. Warren of Scarborough
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Other Special Revenue Funds $101,020 $50,511 $50,511 $50,511
Other Special Revenue Funds $101,020 $50,511 $50,511 $50,511
Fiscal Detail and Notes
This amendment adds additional criteria for the Public Utilities Commission to consider when soliciting procurement bids from distributed energy resources. It also adds an annual reporting requirement for the PUC regarding Net Energy Billing costs and benefits for customers and transmission and distribution utilities. The amendment adds an additional one-time allocation to the PUC of $101,020 in fiscal year 2023-24 and adds ongoing allocations of $50,511 beginning in fiscal year 2024-25. An increase in the assessment on impacted utilities will fund these allocations.