Md. Code art. , § 7-1107Md. Code, PUBLIC UTILITIES § 7-1107

Current with changes from the 2024 Legislative Session
Section 7-1107
(a) An investor-owned electric company may recover all reasonable costs incurred in:
(1) participating in and administering a program under § 7-1005 of this subtitle; and
(2) offering an upfront incentive or rebate under § 7-1006 of this subtitle.
(b) To the extent feasible, the costs listed in subsection (a) of this section shall be recovered by the investor-owned electric company within the calendar year in which those costs were incurred.
(c) Notwithstanding any provision of this subtitle, an investor-owned electric company may pursue and use a performance incentive mechanism to cover the cost of using distributed energy resources or an aggregator of distributed resources under this subtitle.

Md. Code art. , § 7-1107Md. Code, PUBLIC UTILITIES § 7-1107

Added by 2024 Md. Laws, Ch. 476,Sec. 1, eff. 10/1/2024.
Added by 2024 Md. Laws, Ch. 475,Sec. 1, eff. 10/1/2024.