Sec. 1. 35-A MRSA §3211, sub-§4, ¶¶B and C, as enacted by PL 1999, c. 336, §3, are amended to read:

B. Do not exceed .15 .25 cent per kilowatt-hour; and

C. Are no less than 0.5% of the total transmission and distribution revenues of the transmission and distribution utility.; and

Sec. 2. 35-A MRSA §3211, sub-§4, ¶D is enacted to read:

D.__Account for relative levels of total conservation program expenditures in this State compared with other New England states.

SUMMARY

This bill requires the Public Utilities Commission to establish total conservation program expenditures for each transmission and distribution utility that account for relative levels of total conservation program expenditures in this State compared with other New England states and that do not exceed .25 cent per kilowatt hour.