Bill > HB1494

This bill, the Retail Energy Modernization and Consumer Choice Act, aims to modernize electricity and retail gas supply options for consumers by allowing for more flexible pricing and product offerings. Key provisions include authorizing the offer and use of time-of-use rates for residential electricity and gas supply, which means customers could pay different prices for energy depending on the time of day, and these rates can now be offered for terms longer than 12 months. The bill also permits the sale and purchase of accounts receivable, essentially allowing companies to sell customer debts related to certain energy products, and enables energy resource aggregators, which are entities that group together distributed energy resources (like solar panels or batteries) to provide services to the grid, to operate more independently without always needing direct instruction from an electric company. Furthermore, it expands the definition of "green power" and allows for the bundling of electricity with emissions-free energy certificates or distributed energy resources, even if the combined price exceeds the standard offer service rate or has a variable component, and it clarifies that distributed energy resource aggregators can provide grid support services without being solely directed by an electric company.

Transportation and Infrastructure

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1494?ys=2026RS