In a major development for Maine's energy sector, state lawmakers have passed a comprehensive overhaul of the public utility laws aimed at increasing efficiency and providing greater protections for consumers. The new legislation, which was signed into law by Governor Sarah Johnson on Friday, February 18, 2026, represents a significant step forward in modernizing the state's utility regulatory framework.One of the key provisions of the new law is the establishment of a State Utility Regulatory Commission, which will be responsible for overseeing and regulating the operations of all public utilities in Maine. The commission will have the authority to set rates, review utility plans and investments, and adjudicate disputes between utilities and consumers.Additionally, the new law introduces stricter regulations on utility companies to ensure compliance with environmental standards and promote renewable energy sources. Under the legislation, utilities will be required to meet certain renewable energy benchmarks and report regularly on their progress towards meeting these goals.Furthermore, the law includes provisions to enhance consumer protections, including measures to improve transparency in billing practices, protect low-income ratepayers from excessive rate hikes, and establish a process for resolving customer complaints in a timely manner.Governor Johnson hailed the passage of the new law as a significant milestone for Maine's energy sector, emphasizing the importance of modernizing the state's utility regulations to meet the challenges of the 21st century. She stated, "This legislation represents a comprehensive and forward-thinking approach to regulating public utilities in Maine. By increasing efficiency, promoting renewable energy sources, and enhancing consumer protections, we are laying the foundation for a more sustainable and equitable energy future for our state."The new law is set to go into effect on July 1, 2026, giving utility companies and regulators time to adjust to the new regulatory framework. State officials are optimistic that the overhaul of Maine's public utility laws will lead to a more efficient and consumer-friendly energy market in the years to come.