A bill (LD 1398) that would reduce the rates paid by Maine’s commercial and industrial electricity customers failed to gain traction at a session of the state legislature’s Joint Standing Committee on Energy, Utilities, and Technology on January 7.
Sponsored by Sen. Garrett Mason (R-Lisbon), An Act To Reduce Electric Rates for Maine Businesseswould increase rebates to businesses from the state’s Regional Greenhouse Gas Initiative (RGGI) Trust Fund, retroactive to 2015-2016 and going forward through 2018-2019.
