126th MAINE LEGISLATURE
LD 1085 LR 1788(01)
An Act To Establish the Renewable Energy Feed-in Tariff
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Johnson of Lincoln
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Current biennium cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
The Public Utilities Commission (PUC) is directed to establish a renewable energy feed-in tariff program by developing standards, adopting rules, drafting a standard contract for electricity purchases by a utility from a small renewable electric generator, setting just and reasonable rates and surcharges to provide necessary revenue for the program, and report back to the Governor and Legislature.  The PUC has adequate available resources for the expenses related to the activities required.