| 125th MAINE LEGISLATURE | ||||||
| LD 425 | LR 1959(01) | |||||
| An Act To Stimulate Demand for Renewable Resources | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Rosen of Hancock | ||||||
| Committee: Energy, Utilities and Technology | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| Minor cost increase - Other Special Revenue Funds | ||||||
| Fiscal Detail and Notes | ||||||
| Establishing a 3.5% portfolio requirement for electricity from waste energy resources and allowing competitive electricity providers to meet the requirement with renewable energy credits or an alternative compliance payment to be set by the Public Utilities Commission (PUC) will result in minor costs which can be absorbed by the PUC within existing budgeted resources. | ||||||