§ 7-509. Generation, supply, and sale of electricity
West's Annotated Code of MarylandPublic UtilitiesEffective: March 22, 2007
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)
Effective: March 22, 2007
MD Code, Public Utilities, § 7-509
Formerly cited as MD PUBLIC UTIL COMP § 7-509
§ 7-509. Generation, supply, and sale of electricity
(a)(1) On and after the initial implementation date, the generation, supply, and sale of electricity, including all related facilities and assets, may not be regulated as an electric company service or function except to:
(b)(1) Subject to paragraph (2) of this subsection, this section does not apply to an investor-owned electric company until the electric company:
(2)(i) Notwithstanding the provisions of paragraph (1) of this subsection, this section applies to an investor-owned electric company that does not transfer its generation facilities and generation assets to an affiliate or sell its generation facilities and generation assets to a nonaffiliate if, on January 1, 1999, the retail peak load of the investor-owned electric company in the State was less than 1,000 megawatts.
(c) The exceptions in subsection (a)(1) of this section as to any electric company shall remain in effect until the latest of:
Credits
Added by Acts 1999, c. 3, § 1, eff. July 1, 1999; Acts 1999, c. 4, § 1, eff. July 1, 1999. Amended by Acts 2007, c. 5, § 1, eff. March 22, 2007.
MD Code, Public Utilities, § 7-509, MD PUBLIC UTIL § 7-509
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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