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Maryland Regulators End Multi-Year Utility Rate Plan Pilot

Original: Maryland PSC Ends Multi-Year Utility Rate Plan Pilot

The Maryland Public Service Commission has ended its pilot program for multi-year utility rate plans, moving away from an alternative to the traditional single-year rate-setting process. Multi-year plans had been promoted as a way to give utilities revenue certainty and support grid investments, but the regulator has now concluded the experiment. The decision affects how Maryland utilities propose and justify future rate increases.

Why now: Regulators deciding on multi-year rate plans affects consumer electricity bills and utility investment, making it timely news for Maryland residents.

Maryland Public Service CommissionMarylandMaryland utilities

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Evidence

• Maryland PSC Ends Multi-Year Utility Rate Plan Pilot · Environment+Energy Leader
• Maryland PSC Ends Multi-Year Utility Rate Plan Pilot · Environment+Energy Leader

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