Maryland SB556 establishes mechanisms for limited-income customers to receive benefits from water and sewage disposal companies.

Maryland SB556 allows water and sewage disposal companies to create limited-income mechanisms to benefit eligible customers. The Maryland Public Service Commission must consider factors such as affordability, public interest, and cost allocation when approving these mechanisms. The bill also authorizes rate consolidations for water and sewage disposal systems under certain conditions, ensuring gradual adjustments to rates over a specified period.

Maryland SB556 establishes mechanisms for limited-income customers to receive benefits from water and sewage disposal companies.

Maryland SB556 allows water and sewage disposal companies to create limited-income mechanisms to benefit eligible customers. The Maryland Public Service Commission must consider factors such as affordability, public interest, and cost allocation when approving these mechanisms. The bill also authorizes rate consolidations for water and sewage disposal systems under certain conditions, ensuring gradual adjustments to rates over a specified period.