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MD HB1535

MD HB1535
Electric Companies and Gas Companies - Customer Bill Surcharge - Repeal


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Repealing on electric and gas bills a certain surcharge used to encourage and promote the efficient use and conservation of energy in support of certain greenhouse gas emissions reduction goals and targets.

AI Summary

This bill eliminates a specific surcharge on electric and gas company customer bills that was previously used to fund energy efficiency and conservation programs aimed at reducing greenhouse gas emissions. The bill removes provisions that allowed the Maryland Public Service Commission to implement a surcharge line item on customer bills to: recover costs of energy efficiency programs, pay down unpaid program costs by 2032, provide financial incentives or penalties to utility companies, and disclose surcharge details to customers. The bill maintains the Commission's overall goal of promoting energy efficiency and ensuring that customer choice programs do not negatively impact greenhouse gas reduction targets. Additionally, the bill removes language that previously allowed the Maryland Strategic Energy Investment Fund to offset electricity rate surcharges. The legislation is being introduced as an emergency measure, which means it will take effect immediately upon enactment and requires support from three-fifths of the members of each legislative house. The key motivation appears to be reducing additional costs for utility customers by eliminating the mandated surcharge.

Committee Categories

Government Affairs

Sponsors (7)

Last Action

First Reading House Rules and Executive Nominations (on 02/27/2025)

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