§ 35-A §1905 — Funding of an energy cost reduction contract or a physical energy storage contract

Maine § 35-A §1905

• Jurisdiction: Maine
• Title 35-A: PUBLIC UTILITIES
• Part 1: PUBLIC UTILITIES COMMISSION
• Ch. 19: THE MAINE ENERGY COST REDUCTION ACT

Text

Contracts under this chapter may be funded in accordance with this section.
1.
Assessments on ratepayers.
The commission may direct one or more transmission and distribution utilities, gas utilities or natural gas pipeline utilities to collect an assessment from ratepayers for the following purposes:
2.
Assessments on utilities.
If the commission is the principal and counterparty on an energy cost reduction contract or a physical energy storage contract, the commission may:
3.
Volumetric fee.
The commission may establish and direct the payment to the trust fund of a volumetric fee on the use of gas by a consumer of natural gas obtained from a source other than a gas utility or a natural gas pipeline utility of this State in proportion to the anticipated reduction in the price of gas accruing to that consumer as a result of an energy cost reduction contract or a physical energy storage contract as determined by the commission in an adjudicatory proceeding.

Legislative History

PL 2013, c. 369, Pt. B, §1 (NEW). PL 2015, c. 445, §6 (AMD).