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Report Says Competitive Markets Have Saved Maryland Electric Customers $11 Billion Versus Monopoly State Rate Trajectory
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A new report by a consultant commissioned by The Alliance for Competitive Power states, "Competitive markets have protected Marylanders from growth in power supply costs. Had retail rates in the state grown at the same pace as vertically integrated states, Marylanders would have paid over $11 billion more for their electricity over the past 15 years," with the report citing EIA data
The report also states, "Rate growth in Maryland over the past 15 years has been driven by services provided by regulated utilities, not IPPs. For the average Maryland household, transmission and distribution costs have increased by over $500 per year. In contrast, generation costs have fallen over the same period, saving households nearly $300 per year."
The report also states, "utility spending on transmission and distribution in Maryland has risen by over 25% in the last five years, now exceeding $1.2 billion per year, but has not delivered meaningful reliability improvements. Recent analysis found that reliability in Maryland’s largest electric utility territory was deteriorating despite increased investment and cost overruns."
Link to report
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January 27, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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