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PSC Schedules Hearing On Green Power Product Price Cap
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The Maryland PSC has scheduled for December 11, 2024 a hearing concerning the establishment of a maximum green power product price for each service area
Effective January 1, 2025, SB 1 generally imposes a rate cap on new and renewed residential service equal to the 12-month trailing average default service rate. SB 1 allows green power plans to exceed this general service rate cap, either under a green power rate cap set by the PSC available to suppliers on a generic basis, or through supplier-specific petitions for a supplier-specific green power rate
See more background here
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December 4, 2024
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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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