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Bill > LD905


ME LD905

ME LD905
An Act to Clarify the Process to Transfer Funds Resulting from the Expiration of Unused Kilowatt-hour Credits to Be Used to Provide Assistance to Low-income Electricity Customers


summary

Introduced
03/05/2025
In Committee
03/05/2025
Crossed Over
04/15/2025
Passed
04/23/2025
Dead
Signed/Enacted/Adopted
04/25/2025

Introduced Session

132nd Legislature

Bill Summary

An Act to Clarify the Process to Transfer Funds Resulting from the Expiration of Unused Kilowatt-hour Credits to Be Used to Provide Assistance to Low-income Electricity Customers

AI Summary

This bill clarifies the process for handling unused kilowatt-hour credits in net energy billing arrangements by modifying existing Maine state law. Specifically, the bill changes the deadline for transmission and distribution utilities to remit the value of expired unused kilowatt-hour credits from January 1st to April 1st each year, and redirects these funds from the commission to designated administrators of low-income electricity assistance programs. The bill adds a new requirement for utilities to report to the commission detailed information about the number and monetary value of expired credits from the previous calendar year. Net energy billing arrangements typically allow electricity customers who generate their own power (such as through solar panels) to receive credits for excess electricity they send back to the grid, and this bill ensures that the value of any unused credits at the end of a period will be used to help low-income customers pay their electricity bills. The changes are classified as routine technical rules, which means they are considered minor and administrative in nature.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Governor's Action: Signed, Apr 25, 2025 (on 04/25/2025)

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