United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 35-A, § 3149: Negative pricing, 2025

The commission may not approve certain energy contracts unless they include a provision reducing payments to the bidder by stranded costs from energy produced during negative price intervals.

competitive solicitationsenergy contractsnegative price intervalsratepayer protections

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01

Purpose and legislative effect

“The commission may not approve certain energy contracts unless they include a provision reducing payments to the bidder by stranded costs from energy produced during negative price intervals.”

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    Enacted 2025 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Negative pricing

The commission may not approve certain energy contracts unless they include a provision reducing payments to the bidder by stranded costs from energy produced during negative price intervals.

Section 3149

04

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Source record from legislature.maine.gov · Enacted 2025 · Source version 1 Oct 2025

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Provision
§ 3149Negative pricingProvision

The commission may not approve certain energy contracts unless they include a provision reducing payments to the bidder by stranded costs from energy produced during negative price intervals.

The commission may not approve a contract for energy resulting from a competitive solicitation conducted by the commission under this Title unless the contract includes a provision that requires the reduction of payments to the bidder by the stranded costs arising from energy produced during negative price intervals. The commission may grant an exception from the inclusion of such a negative price provision if the bidder demonstrates good cause for the exception and the commission finds that the contract is cost-effective, includes other price protections for ratepayers and will avoid to the maximum extent possible the curtailment of existing renewable resource generators. [PL 2025, c. 392, §1 (NEW).]
Section 3149Verify source

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  • 1 Oct 2025 · currentEnglish

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