This bill makes the following changes to the energy laws.
1. It repeals the laws governing net energy billing and provides that the Public Utilities Commission may not require a transmission and distribution utility to allow a customer to participate in net energy billing.
2. It changes the definitions of "renewable capacity resource" and "renewable resource."
3. It sets a ceiling on energy efficiency spending from the Regional Greenhouse Gas Initiative Trust Fund and directs revenue received in excess of this ceiling to affected customers, Maine-based energy-intensive businesses and electric ratepayers.

Statutes affected:
Bill Text LD 1778, HP 1141: 26.1304, 35-A.3209, 35-A.3210, 35-A.3623, 35-A.10109