A public hearing has been scheduled for Tuesday, January 20, 2026 at 1:00 in the Energy, Utilities, and Technology Committee room.
Summary
This amendment establishes the Maine Clean Energy Authority, a public entity designed to oversee the development, financing, planning and coordination for the buildout of energy and transmission infrastructure within State borders. By replacing the financing of energy and transmission infrastructure buildout with low-cost revenue bonds, the Authority could drive significant savings for ratepayers and create high-quality union jobs for Mainers on these necessary projects. The Authority is governed by a 7-member Board of Directors with its main function being to run competitive solicitations for electric infrastructure and energy project development financed by a revolving loan fund, and requiring strong labor standards to ensure high-quality, union jobs on the projects it finances including prevailing wage and apprenticeship utilization.
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