§3473. Specific measures to support solar energy
1.
Monitoring.
The commission shall monitor the level of solar energy development in the State in relation to the goals in section 3474, basic trends in solar energy markets and the relative costs and benefits from solar energy development, including but not limited to:
A.
Revenue from the sale of renewable energy credits;
[PL 2023, c. 307, §3 (NEW).]
B.
Societal benefits through avoided greenhouse gas emissions;
[PL 2023, c. 307, §3 (NEW).]
C.
Reduced electricity prices; and
[PL 2023, c. 307, §3 (NEW).]
D.
Avoided or reduced costs associated with:
[PL 2023, c. 307, §3 (RPR).]
(1)
Electricity capacity requirements;
(2)
Environmental compliance requirements;
(3)
Portfolio requirements established in section 3210;
(4)
Renewable energy credit price suppression; and
(5)
Electricity transmission and distribution costs.
[PL 2023, c. 307, §3 (NEW).]
1-A.
Reporting.
By January 1st of each year, the commission shall provide a summary report of its findings under subsection 1 to the joint standing committee of the Legislature having jurisdiction over energy matters.
[PL 2023, c. 307, §4 (NEW).]
2.
Economic development.
Within existing programs and resources, the State, including the Small Enterprise Growth Program, as established in Title 10, chapter 13; the Maine Technology Institute, as established in Title 5, section 12004‑G, subsection 33‑D; the Maine Rural Development Authority, as established in Title 5, section 12004‑F, subsection 18; the Finance Authority of Maine, as established in Title 10, chapter 110; and the Department of Economic and Community Development, shall seek opportunities to promote investment in solar energy development, generation and manufacturing.
[PL 2013, c. 562, §1 (NEW).]
SECTION HISTORY
PL 2013, c. 562, §1 (NEW). PL 2023, c. 307, §§3, 4 (AMD).