Maine Revised Statutes
Chapter 19: THE MAINE ENERGY COST REDUCTION ACT
35-A §1903. Legislative findings

§1903. Legislative findings
The Legislature finds that:   [PL 2013, c. 369, Pt. B, §1 (NEW).]
1.  Electricity prices.  It is in the public interest to decrease prices of electricity and natural gas for consumers in this State;  
[PL 2015, c. 445, §3 (AMD).]
2.  Natural gas expansion.  The expansion of natural gas transmission capacity into this State and other states in the ISO-NE region could result in lower natural gas prices and, by extension, lower electricity prices for consumers in this State; and  
[PL 2015, c. 445, §3 (AMD).]
3.  Storage.  Liquefied natural gas storage located in this State, under certain circumstances, may offer the potential to decrease energy costs by providing a hedge against gas price volatility caused by gas supply constraints, which in turn may lower natural gas prices and, by extension, lower electricity prices for consumers in this State.  
[PL 2015, c. 445, §4 (NEW).]
SECTION HISTORY
PL 2013, c. 369, Pt. B, §1 (NEW). PL 2015, c. 445, §§3, 4 (AMD).

Structure Maine Revised Statutes