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An Act To Limit Rates Charged by Competitive Electricity Providers
Be it enacted by the People of the State of Maine as follows:
Sec. 1.  35-A MRSA §3203, sub-§4-B  is enacted to read:
 
4-B.  Residential consumer protections.     As a condition of licensing, a competitive electricity provider may not charge a residential consumer a rate for generation service that is higher than the standard-offer service rate available to residential customers in the service territory of the transmission and distribution utility that serves that consumer.
 
SUMMARY
This bill prohibits a competitive electricity provider from charging a residential consumer a rate for generation service that is higher than the rate charged for standard-offer service.