Maine LD 301: An Act To Allow The Public Utilities Commission To Establish Performance-Based Metrics And Rate-Adjustment Mechanisms For A Public Utility In Any Proceeding

Bill Text

Page 1 - 132LR0555(03)
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FIVE
_____
H.P. 201 - L.D. 301
An Act to Allow the Public Utilities Commission to Use Quantitative Metrics
and Rate-adjustment Mechanisms in a Proceeding for a General Rate
Increase
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 35-A MRSA §307, sub-§6 is enacted to read:
6. General increase in rates; rate-adjustment mechanisms; quantitative metrics.
The commission may establish or authorize rate-adjustment mechanisms or quantitative
metrics pertaining to a public utility's operations and activities in a proceeding for a general
increase in rates.
APPROVED
JUNE 9, 2025
BY GOVERNOR
CHAPTER
198
PUBLIC LAW