95- 648 C.M.R. ch. 930, § 4

Current through 2024-51, December 18, 2024
Section 648-930-4 - FUNDING LEVEL; FUND
A.Assessment

The Commission shall assess transmission and distribution utilities to collect funds for the solar and wind energy rebate program. The assessment on transmission and distribution utilities shall not exceed .005 cents per kilowatt-hour and may differ among transmission and distribution utilities. The Commission will not assess a transmission and distribution utility under this section for amounts that would lower the conservation fund assessment under 35-A M.R.S.A. §1311-A below its statutory floor. The Commission may decline to assess a transmission and distribution utility if the assessment amount would be de minimis or would otherwise be an administrative burden. The Commission may lower the overall assessment if it determines a lower amount of funding will be needed to provide rebates to qualified solar and wind energy systems pursuant to this Chapter.

B.Fund

The Commission shall establish a solar and wind energy rebate program fund to be used for the purposes of the solar and wind energy rebate program.

1. The Commission shall deposit all assessments collected pursuant to this Chapter into the solar and wind energy rebate program fund.
2. Interest earned on funds in the solar and wind energy rebate program fund shall be credited back to the solar and wind energy program fund.
3. Funds not spent in any fiscal year will remain in the solar and wind energy rebate program fund to be used for the solar and wind energy rebate program.
C.Assessment Procedures

The Commission shall periodically assess transmission and distribution utilities based on actual sales or revenues.

95- 648 C.M.R. ch. 930, § 4