Maryland SB850 amends energy efficiency and demand response programs for electric and gas companies to ensure bill savings for residential customers.
Maryland SB850 mandates that energy efficiency, conservation, and demand response programs for electric and gas companies include demonstrable bill savings for residential customers. The Public Service Commission must establish caps or limits on certain assessments by a specified date. The bill also alters the timeline for eliminating unpaid and unamortized costs, requiring full cost recovery by January 1, 2028, and the elimination of such costs by December 31, 2040. Midsize electric cooperatives must comply with certain program requirements starting January 1, 2027.
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