|127th MAINE LEGISLATURE
|An Act To Modernize Maine's Solar Power Policy and Encourage Economic Development
|Fiscal Note for Bill as Amended by Committee Amendment " "
|Committee: Energy, Utilities and Technology
|Fiscal Note Required: Yes
|Potential current biennium cost increase - Other Special Revenue
Potential current biennium revenue increase - Other Special Revenue Funds
|Fiscal Detail and Notes
|The bill requires the Public Utilities Commission (PUC) to adopt rules allowing net energy billing for certain customers of an investor-owned transmission and distribution utility. This bill requires the PUC to retain an independent consultant experienced in net energy billing systems if the PUC finds that an investor-owned transmission and distribution utility's cumulative capacity of generating facilities reached 1% or more of that utility's peak demand. Were this to happen, the PUC would require an Other Special Revenue Funds allocation of $100,974 annually and would increase annual assessments by the same amount to fund these consulting costs.