Maryland legislation · 2025 Regular Session
Maryland HB984: Public Utilities - Electric Cooperatives - Rate Proceedings
Status: Chaptered, May 13, 2025
Applying to electric cooperatives certain provisions of law related to rate proceedings held by the Public Service Commission to determine whether additional revenues are required to allow certain public service companies to earn the existing fair rate of return authorized in a previous base rate proceeding; and requiring the Commission to order an electric cooperative to conduct a certain public hearing.
What the bill says
An act concerning Public Utilities - Electric Cooperatives - Rate Proceedings FOR the purpose of applying to electric cooperatives certain provisions of law related to rate proceedings held by the Public Service Commission to determine whether additional revenues are required to allow certain public service companies to earn the existing fair rate of return authorized in a previous base rate proceeding; requiring the Commission to order an electric cooperative to conduct a certain public hearing; and generally relating to rate proceedings held by the Public Service Commission…
From the enrolled text, May 15, 2025:
AN ACT concerning Public Utilities - Electric Cooperatives - Rate Proceedings FOR the purpose of applying to electric cooperatives certain provisions of law related to rate proceedings held by the Public Service Commission to determine whether additional revenues are required to allow certain public service companies to earn the existing fair rate of return authorized in a previous base rate proceeding; requiring the Commission to order an electric cooperative to conduct a certain public hearing; and generally relating to rate proceedings held by the Public Service Commission. BY repealing and reenacting, with amendments, Article - Public Utilities Section 4-207 Annotated Code of Maryland (2020 Replacement Volume and 2024 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, That the Laws of Maryland read as follows: Article - Public Utilities 4-207. (a) This section applies only AND (2) a gas company, electric company, telephone company, water company, or sewage disposal company whose gross annual revenues, for the most recent calendar year for which data are available, are less than 3% of the total gross annual revenues of all public service companies in the State during the same calendar year. (b) (1) When the Commission suspends a proposed new rate for AN ELECTRIC COOPERATIVE OR a company subject to this section that is based on the existing authorized fair …