Maryland SB997 regulates retail supply of electricity and gas, including pricing and marketing restrictions.

Maryland SB997 addresses the retail supply of electricity and gas by abolishing a division within the Public Service Commission and reassigning its employees. It mandates that electricity suppliers purchase renewable energy credits for green power offered to residential customers. The bill restricts marketing practices for electricity and gas suppliers, prohibiting certain inducements and requiring specific disclosures. It also limits the price of green power to 150% of the maximum authorized price per megawatt-hour, with additional reporting requirements if this limit is exceeded.

Maryland SB997 regulates retail supply of electricity and gas, including pricing and marketing restrictions.

Maryland SB997 addresses the retail supply of electricity and gas by abolishing a division within the Public Service Commission and reassigning its employees. It mandates that electricity suppliers purchase renewable energy credits for green power offered to residential customers. The bill restricts marketing practices for electricity and gas suppliers, prohibiting certain inducements and requiring specific disclosures. It also limits the price of green power to 150% of the maximum authorized price per megawatt-hour, with additional reporting requirements if this limit is exceeded.