This bill permits an affiliate of an investor-owned transmission and distribution utility to own generation or generation-related assets in accordance with standards of conduct adopted by the Public Utilities Commission including when the generation or generation- related assets are directly interconnected to the facilities owned or operated by that investor-owned transmission and distribution utility. The bill also removes the prohibition on affiliate generation or generation-related assets participating in long-term contracts under the Maine Revised Statutes, Title 35-A.

Statutes affected:
Bill Text LD 1358, HP 881: 35-A.3204