§ 7-512. Recovery of costs incurred by electric company under public purpose programs
West's Annotated Code of MarylandPublic Utilities
West's Annotated Code of Maryland
Public Utilities (Refs & Annos)
Division I. Public Services and Utilities [Titles 1-15] (Refs & Annos)
Title 7. Gas, Electric, and Water Companies (Refs & Annos)
Subtitle 5. Electric Industry Restructuring (Refs & Annos)
Part II. Electric Industry Restructuring Enabled (Refs & Annos)
MD Code, Public Utilities, § 7-512
Formerly cited as MD PUBLIC UTIL COMP § 7-512
§ 7-512. Recovery of costs incurred by electric company under public purpose programs
(a) This section and § 7-513 of this subtitle apply to an entity that was regulated as an electric company on June 30, 1999, whether or not the entity or any of its businesses, services, or assets continues to be regulated under this article after that date.
(b) An electric company may recover costs under this section to the extent that the Commission finds costs to be just and reasonable.
(c)(1) An electric company shall be provided a fair opportunity to recover fully all costs that have been or will be incurred by the electric company under public purpose programs established by law or ordered by the Commission.
Credits
Added by Acts 1999, c. 3, § 1, eff. July 1, 1999; Acts 1999, c. 4, § 1, eff. July 1, 1999.
MD Code, Public Utilities, § 7-512, MD PUBLIC UTIL § 7-512
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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