'Sec. 1. 5 MRSA §3327, sub-§3, ¶C, as enacted by PL 2003, c. 487, §1, is repealed.

Sec. 2. 30-A MRSA c. 201, sub-c. 11-A, as amended, is repealed.

Sec. 3. 35-A MRSA §3153-A, sub-§1, ¶E, as amended by PL 2001, c. 624, §2, is further amended to read:

E. Transmission and distribution utility financing or subsidization of capital improvements undertaken by ratepayers to conserve electricity used by the ratepayers in the future. This paragraph applies to future programs for utility financing of energy conservation or load management as long as the goal of such programs is to economically defer or eliminate the need for transmission and distribution plant upgrades. In addition to programs undertaken pursuant to this paragraph, programs may be undertaken pursuant to section 3211-A to achieve goals other than that identified in this paragraph;