The state government of Maine passed a law on Monday limiting the scope of Net Energy Billing (NEB) after the scheme saw higher adoption than expected which had an inflationary effect on electricity prices
Investment firm The Carlyle Group has acquired a 100MW-strong portfolio of solar assets under development in the state of Maine, the largest portfolio under construction in the state.
Lawmakers and solar supporters in Maine have united to fight a widely criticised decision by the Public Utilities Commission (PUC) to phase out retail net metering by 2018.
The Maine Public Utilities Commission (PUC) approved on Tuesday new rules for incentives for residential solar customers, namely, by phasing out net metering over the next 15 years.
