|
|
|
|
|
Maryland Conference Committee Agrees On Retail Energy Reform Bill, Heads For Final Passage
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
A Maryland conference committee has agreed on changes to SB 0001, the retail energy reform bill
The conference committee amendments do not appear to substantively change, with respect to issues directly related to the retail market, the text of the version of the bill as passed by the House (the most recent version of the bill). The conference committee amendments which do not align with the House-passed version of the bill mostly relate to loads co-located with generation, on-site generation, "direct" customers, and similar issues.
With regards to new limits and obligations for retail suppliers, the conference committee amendments do not appear to result in any changes to the previously reported requirements under the bill from our prior stories
As of publication time, the conference committee version has passed the Senate on third reading
The bill provides that a residential electricity supplier may only offer electricity, other than green power as defined in the bill, "at a price that does not exceed the trailing 12–month average of the electric company’s standard offer service rate in the electric company’s service territory as of the date of agreement with the customer[.]"
Residential plans may not exceed 12 months in length.
The bill would end POR specifically for residential receivables. This provision does not apply to municipal aggregations
See full details of the bill's provisions here
ADVERTISEMENT ADVERTISEMENT Copyright 2010-23 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
April 8, 2024
Email This Story
Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Head of Retail Operations
• NEW! -- Sr. Market Risk Analyst -- Retail Supplier
• TPV Sales Executive
|
|
|
|