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§ 7-549. 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 IV. Rate Stabilization--Specific Provisions (Refs & Annos)
MD Code, Public Utilities, § 7-549
Formerly cited as MD PUBLIC UTIL COMP § 7-549
§ 7-549. Recovery of actual costs of deferral
Actual cost defined
(a) In this section, “actual cost” means the costs and expenses deferred as regulatory assets multiplied by:
(1) the electric company's cost of debt; or
(2) if the electric company secures the debt under Part III of this subtitle, the cost of the secured debt.
Recovery of actual cost to electric company
(b) An electric company shall recover, as an additional rate stabilization cost, the actual cost to the electric company of carrying the costs and expenses deferred as regulatory assets under the rate stabilization plan.

Credits

Added by Acts 2006, 1st Sp. Sess., c. 5, § 1, eff. June 23, 2006.
MD Code, Public Utilities, § 7-549, MD PUBLIC UTIL § 7-549
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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