An Act To Lower Electric Rates For Maine Ratepayers By Requiring The Payment Of Certain Costs From The General Fund
Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
Summary
The bill directs the Maine General Fund to cover costs that utilities normally recover through customer rates, such as energy procurement, renewable credits, storage, and net‑energy billing credits. It also limits low‑income assistance participants to standard‑offer service and requires time‑of‑use rates for residential and small‑commercial customers. By shifting these expenses to the state, the measure aims to lower the price of electricity for all ratepayers.
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