Maine LD2038 mandates transmission and distribution utilities to join a regional transmission organization.
Maine LD2038 requires transmission and distribution utilities to participate in a regional transmission organization, except for consumer-owned utilities and those in areas managed by the independent system administrator for northern Maine. This law aims to prevent Maine electric utilities from collecting a special bonus return on equity, which could inflate electricity rates for consumers. The legislation takes effect immediately due to the cited emergency.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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