Maine Revised Statutes

§1903. Legislative findings

The Legislature finds that: [2013, c. 369, Pt. B, §1 (NEW).]

1. Electricity prices.  It is in the public interest to decrease prices of electricity and natural gas for consumers in this State;
[ 2015, c. 445, §3 (AMD) .]
2. Natural gas expansion.  The expansion of natural gas transmission capacity into this State and other states in the ISO-NE region could result in lower natural gas prices and, by extension, lower electricity prices for consumers in this State; and
[ 2015, c. 445, §3 (AMD) .]
3. Storage.   Liquefied natural gas storage located in this State, under certain circumstances, may offer the potential to decrease energy costs by providing a hedge against gas price volatility caused by gas supply constraints, which in turn may lower natural gas prices and, by extension, lower electricity prices for consumers in this State.
[ 2015, c. 445, §4 (NEW) .]
SECTION HISTORY
2013, c. 369, Pt. B, §1 (NEW). 2015, c. 445, §§3, 4 (AMD).