125th MAINE LEGISLATURE
		LD 793		LR 1236(01)
	An Act To Protect Ratepayers While Enhancing Energy Independence and Security
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Sen. Saviello of Franklin
	Committee: Energy, Utilities and Technology
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Revenue
	Other Special Revenue Funds		($8,500,000)	($8,500,000)	($8,500,000)	($8,500,000)
Fiscal Detail and Notes
	Withdrawing the State of Maine from the Regional Greenhouse Gas Initiative (RGGI) will reduce revenue to the Efficiency Maine Trust (EMT) by approximately $8.5 million each fiscal year due to cancellation of the RGGI auctions of emission allowances and due to cancellation of EMT participation in the forward capacity market.  The Department of Environmental Protection (DEP) may also incur minor administrative costs associated with withdrawal from RGGI which DEP can absorb within existing budgeted resources.