Maryland HB1561 mandates the Public Service Commission to require electric companies to develop resource adequacy plans if resource insufficiency or.
Maryland HB1561 establishes requirements for electric companies to develop resource adequacy plans if the Public Service Commission identifies insufficient resource adequacy or a price stability event. It also mandates that investor-owned electric companies can recover prudently incurred costs through a nonbypassable surcharge. The bill requires energy storage projects to comply with the latest National Fire Protection Association standards and mandates decommissioning plans for energy storage devices.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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