35-A §1903. Legislative findings

35-A ME Rev Stat § 1903 (2019) (N/A)
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§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).