125th MAINE LEGISLATURE
LD 1066 LR 1504(02)
An Act To Increase Home Weatherization and Energy Independence
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
             
Fiscal Note
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Revenue
Other Special Revenue Funds $14,300,000 $14,300,000 $14,300,000 $14,300,000
Fiscal Detail and Notes
Establishing a system benefit charge on #2 heating oil, kerosene and propane to support heating fuels efficiency and weatherization programs, including rebates for low-income households, will provide an estimated $14,300,000 annually to the Efficiency Maine Trust (EMT) beginning in fiscal year 2011-12.  The assessment on heating fuels will be suspended when the price of heating fuel is equal to or greater than 90% of the highest price in the state since 2005.  The fiscal note assumes that the assessment will not be suspended during the time period shown above.  Any additional costs to the EMT for new rulemaking and to the Maine State Housing Authority and to the Department of Health and Human Services to consult with the EMT can be absorbed within existing budgeted resources.