Maryland SB834 establishes a moratorium on energy efficiency and conservation programs until certain conditions are met.

Maryland SB834 imposes a moratorium on energy efficiency and conservation programs, services, and plans until electric and gas companies have recovered certain costs. The Public Service Commission must continue specific rate-making policies until these costs are recovered. The Commission is also required to report to the General Assembly once all companies have recovered these costs, including a recommendation on whether to rescind the moratorium. The bill aims to ensure that energy efficiency and conservation efforts do not negatively impact greenhouse gas emissions reduction goals.

Maryland SB834 establishes a moratorium on energy efficiency and conservation programs until certain conditions are met.

Maryland SB834 imposes a moratorium on energy efficiency and conservation programs, services, and plans until electric and gas companies have recovered certain costs. The Public Service Commission must continue specific rate-making policies until these costs are recovered. The Commission is also required to report to the General Assembly once all companies have recovered these costs, including a recommendation on whether to rescind the moratorium. The bill aims to ensure that energy efficiency and conservation efforts do not negatively impact greenhouse gas emissions reduction goals.