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§ 7-525. Recovery of actual costs of deferral

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 III. Rate Stabilization (Refs & Annos)
MD Code, Public Utilities, § 7-525
Formerly cited as MD PUBLIC UTIL COMP § 7-525
§ 7-525. Recovery of actual costs of deferral
In general
(a) The Commission may authorize an electric company to recover, as additional rate stabilization costs, the actual cost to the electric company of carrying the deferred expenses as regulatory assets under short-term and long-term deferral plans.
Calculation of actual costs
(b) The actual cost is equal to the deferred expenses as regulatory assets multiplied by the electric company's cost of debt.
Secured debt
(c) If the electric company secures the debt in accordance with this part, the cost of the secured debt is substituted for the electric company's cost of debt.

Credits

Added by Acts 2006, 1st Sp. Sess., c. 5, § 1, eff. June 23, 2006.
MD Code, Public Utilities, § 7-525, MD PUBLIC UTIL § 7-525
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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