Terms Used In Maine Revised Statutes > Title 35-A > Part 1 > Chapter 19 - the Maine Energy Cost Reduction Act

• Basis differential: means the difference between the so-called Henry Hub spot price for natural gas and the corresponding cash spot price for natural gas in New England. See Maine Revised Statutes Title 35-A Sec. 1902
• Commission: means the Public Utilities Commission. See Maine Revised Statutes Title 35-A Sec. 102
• Contract: A legal written agreement that becomes binding when signed.
• Energy cost reduction contract: means a contract executed in accordance with this chapter to procure capacity on a natural gas transmission pipeline, including, when applicable, compression capacity. See Maine Revised Statutes Title 35-A Sec. 1902
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Gas utility: includes every person, that person's lessees, trustees, receivers or trustees appointed by any court owning, controlling, operating or managing any gas plant for compensation within this State, except when gas is made or produced on and distributed by the maker or producer through private property alone solely for its own tenants and not for sale to others, or when the gas is sold solely for use in vehicles fueled by natural gas or to a liquid gas system that serves fewer than 10 customers as long as no portion of the liquid gas system is located in a public place or that serves a single customer if the liquid gas system is located entirely on the customer's premises. See Maine Revised Statutes Title 35-A Sec. 102
• in writing: include printing and other modes of making legible words. See Maine Revised Statutes Title 1 Sec. 72
• ISO-NE region: means the region in which the New England bulk power system operated by the independent system operator of the New England bulk power system or a successor organization is located. See Maine Revised Statutes Title 35-A Sec. 1902
• Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
• Liquefied natural gas storage capacity: means storage capacity for liquefied natural gas installed in the State on or after January 1, 2016 that will benefit the State's energy consumers during times of regional supply constraint due to capacity limitations of interstate or intrastate pipelines or local distribution systems. See Maine Revised Statutes Title 35-A Sec. 1902
• Natural gas pipeline utility: includes every person, its lessees, trustees, receivers or trustees appointed by any court owning or operating for compensation within this State any pipeline, including pumping stations, storage depots and other facilities, for the transportation, distribution or sale of natural gas, or any person or corporation which has applied to the Federal Energy Regulatory Commission for a certificate of public convenience and necessity or to the Public Utilities Commission for a certificate of authorization to operate a natural gas pipeline within the State. See Maine Revised Statutes Title 35-A Sec. 102
• Person: includes a corporation, partnership, limited partnership, limited liability company, limited liability partnership, association, trust, estate, any other legal entity or natural person. See Maine Revised Statutes Title 35-A Sec. 102
• Physical energy storage capacity: means liquefied natural gas storage capacity. See Maine Revised Statutes Title 35-A Sec. 1902
• Physical energy storage contract: means a contract executed in accordance with this chapter for physical energy storage capacity. See Maine Revised Statutes Title 35-A Sec. 1902
• Pipeline capacity holder: means any person owning rights to natural gas pipeline capacity. See Maine Revised Statutes Title 35-A Sec. 1902
• Transmission and distribution utility: means a person, its lessees, trustees or receivers or trustees appointed by a court, owning, controlling, operating or managing a transmission and distribution plant for compensation within the State, except where the electricity is distributed by the entity that generates the electricity through private property alone solely for the use of: