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ME LD301

Bill

Official Source

Status

Passed

6/2/2025

Primary Sponsor

Melanie Sachs

Click for details

Origin

House of Representatives

132nd Legislature

AI Summary

  • Authorizes the Maine Public Utilities Commission to establish or authorize rate-adjustment mechanisms during general rate increase proceedings for public utilities

  • Permits the Commission to use quantitative metrics related to a public utility's operations and activities when evaluating rate increases

  • Amends Title 35-A MRSA §307 by adding a new subsection 6 to existing public utilities law

  • Approved by the Governor on June 9, 2025, becoming Public Law Chapter 198

Legislative Description

An Act to Allow the Public Utilities Commission to Use Quantitative Metrics and Rate-adjustment Mechanisms in a Proceeding for a General Rate Increase

Procedures

Last Action

PASSED TO BE ENACTED, in concurrence.

6/2/2025

Committee Referrals

Energy, Utilities And Technology1/30/2025

Full Bill Text

No bill text available