Section 7-1107 - [Effective 10/1/2024](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.