LD 1223·ME·house
An Act To Lower Electric Rates For Maine Ratepayers By Requiring The Payment Of Certain Costs From The General Fund
FailedFiled Mar 25, 2025
Sponsor: Steven FOSTER
Latest Action
Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
Apr 29, 2026
Summary
The proposal would stop electric utilities from adding the cost of energy purchases, renewable credits, storage and credit‑program expenses to customers' electricity bills. Those costs would instead be paid out of Maine’s General Fund through newly created funds. The measure was intended to lower electric rates but died in the Senate.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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