Bill > LD838

This bill is a concept draft, which means it is a preliminary proposal intended to explore potential legislative action. Specifically, the bill aims to investigate opportunities for reducing electricity costs for ratepayers (consumers) by examining public financing and ownership of electric transmission and distribution infrastructure. While the bill lacks detailed specific provisions at this stage, it suggests the state of Maine is considering alternative approaches to managing electrical grid assets that could potentially lead to cost savings for residents. The concept involves evaluating whether public ownership of electrical infrastructure could be more cost-effective than the current model of private utility ownership. This type of exploration could involve studying financial models, potential investment strategies, and the potential economic benefits of public ownership of electrical transmission and distribution systems.

Transportation and Infrastructure

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=838&snum=132