Maryland HB1640 revises energy-related programs, surcharges, and taxes, abolishing the renewable energy portfolio standard and requiring the Governor.
Maryland HB1640 eliminates the renewable energy portfolio standard and mandates the Governor to withdraw from the Regional Greenhouse Gas Initiative. It prohibits electric companies from recovering costs related to the renewable energy portfolio standard and requires the Governor to report on the withdrawal plan. The bill also mandates the Public Service Commission to unbundle electric company rates, charges, and services into standardized categories.
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