125th MAINE LEGISLATURE
LD 1820 LR 2765(03)
An Act To Implement Recommendations To Provide Additional Flexibility for Funding Infrastructure Improvements for Water Utilities
Fiscal Note for Bill as Engrossed with:
C "A" (H-852)
Committee: Energy, Utilities and Technology
             
Fiscal Note
Minor cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
The bill provides for the implementation of recommendations made by the Public Utilities Commission to provide additional flexibility for funding infrastructure improvements for consumer-owned water utilities. It clarifies the commission's review of the capital reserve account and  requires that when the commission investigates a surcharge, its determination of the just and reasonableness of the surcharge be made within 75 days. Any additional costs to the commission can be absorbed within existing budgeted resources.